GBP/USD Erases Gains as Weak US Data Raises Concerns of a Potential Recession
===============
#a73498e0 ver:0.55
Weak US data raises concerns of a potential recession, causing GBP/USD to erase gains and drop 0.5%. Strong US jobs figures led to a rise in the dollar and dampened hopes of a Fed rate cut. Market focus shifts to the impact on GBP/USD and potential implications for monetary policy. #GBPUSD #USD #recession #Fed...
#newstr #Gbp/usd #UsJobsData #RateCutHopes #UsDollar #BondYields #FederalReserve #JobAdditions #UnemploymentRate #UkEmploymentData #GrossDomesticProduct #BankOfEngland #Ftse100 #UsEconomicData #InterestRate #UkGdp #Inflation #HeadAndShouldersPattern #PersonalConsumptionExpenditure #Pce #TechnicalAnalysis #IsmManufacturingPmi #PricesPaidIndex #UsRecession
https://here.news/story/a73498e0?ver=0.55
USD/JPY Faces Challenges as US Economic Data Weakens /
npub1jq…l2zf6
2024-07-01 15:58:04
Author Public Key
npub1jqekuqzvfm4zwwxtflqcdh4yd46xrvs2vgupkzvkx6r390lfr08sfl2zf6Published at
2024-07-01 15:58:04Event JSON
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"content": "GBP/USD Erases Gains as Weak US Data Raises Concerns of a Potential Recession\n===============\t\n#a73498e0 ver:0.55\n\nWeak US data raises concerns of a potential recession, causing GBP/USD to erase gains and drop 0.5%. Strong US jobs figures led to a rise in the dollar and dampened hopes of a Fed rate cut. Market focus shifts to the impact on GBP/USD and potential implications for monetary policy. #GBPUSD #USD #recession #Fed...\n\n#newstr #Gbp/usd #UsJobsData #RateCutHopes #UsDollar #BondYields #FederalReserve #JobAdditions #UnemploymentRate #UkEmploymentData #GrossDomesticProduct #BankOfEngland #Ftse100 #UsEconomicData #InterestRate #UkGdp #Inflation #HeadAndShouldersPattern #PersonalConsumptionExpenditure #Pce #TechnicalAnalysis #IsmManufacturingPmi #PricesPaidIndex #UsRecession \n\n https://here.news/story/a73498e0?ver=0.55",
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