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Euro Strengthens as Data Shows Signs of Economic Recovery in the EU /
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2024-06-14 06:58:12

Euro Strengthens as Data Shows Signs of Economic Recovery in the EU on Nostr: Pound to Dollar Rate Reacts to Weaker American PPI and Rising US Jobless Claims ...

Pound to Dollar Rate Reacts to Weaker American PPI and Rising US Jobless Claims
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#7aa5aba6 ver:0.75

The Pound to Dollar exchange rate initially dipped due to lack of data, but later jumped to 3-month highs after weaker US inflation data. However, the Pound retreated as American PPI eased and US jobless claims rose. The GBP/USD rate may be influenced by UK wage growth, unemployment data, and the Federal Reserve's interest rate decision. #GBPUSD #inflation #joblessclaims #interestrates...

#newstr #Pound #Dollar #Gbp #Usd #AmericanPpi #BankOfEngland #InterestRateCut #UsTradeData

https://here.news/story/7aa5aba6?ver=0.75
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