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2024-05-13 04:00:54

GBP/USD Exchange Rate Volatile Amid Macroeconomic Data and Middle East Tensions on Nostr: Pound Sterling Inches Higher on Improved Risk Appetite =============== #b4222ee6 ...

Pound Sterling Inches Higher on Improved Risk Appetite
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#b4222ee6 ver:1.14

The Pound Sterling (GBP) traded in a wide range last week, hitting a two-week low before rebounding on the Bank of England's decision to hold interest rates. The Euro (EUR) initially weakened but later firmed against its rivals. This week, economic data releases from the Eurozone will drive GBP/EUR movement, while the Pound's value may be influenced by political discourse in the UK. The GBP/USD pair rallied to a two-week high due to improved market mood and a decline in the USD. The focus will be on the Fed and BoE interest rate decisions, as well as the US non-farm payroll report. #GBP #EUR #USD #BoE #Fed #nonfarmpayrolls...

#newstr #PoundSterling #RiskAppetite #BankOfEngland #FederalReserve #Gdp #Pmis #TradeBalance #EurozoneGdp #EurozoneInflation #EurozoneUnemploymentRate #UkJobsData

https://here.news/story/b4222ee6?ver=1.14
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