Sterling Recovery Continues, Pound to Dollar Rate Above 1.25
===============
#b4222ee6 ver:1.04
The Pound to Dollar rate is above 1.25 as the Sterling recovery continues. US durable goods orders exceeded expectations, boosting the US Dollar, while UK data showed mixed results. The Pound may be vulnerable to market volatility, but an optimistic market sentiment is likely to lift it against safe-haven rivals. Soft US GDP data has further strengthened the British pound, with markets now pricing in just one rate cut by the Federal Reserve in 2024. The Pound is trading at 1.2492 against the US Dollar, up 0.23%....
#newstr #Sterling #Pound #Dollar #ExchangeRate #Gdp #Inflation #BankOfEngland #RetailSales
https://here.news/story/b4222ee6?ver=1.04
GBP/USD Exchange Rate Volatile Amid Macroeconomic Data and Middle East Tensions /
npub1fg…g72tx
2024-04-25 17:04:05
Author Public Key
npub1fg58z2svv8ryh8qck7285lajjeafkkdvkdw5wt6a5lax7dzlw3mqrg72txPublished at
2024-04-25 17:04:05Event JSON
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"content": "Sterling Recovery Continues, Pound to Dollar Rate Above 1.25\n===============\t\n#b4222ee6 ver:1.04\n\nThe Pound to Dollar rate is above 1.25 as the Sterling recovery continues. US durable goods orders exceeded expectations, boosting the US Dollar, while UK data showed mixed results. The Pound may be vulnerable to market volatility, but an optimistic market sentiment is likely to lift it against safe-haven rivals. Soft US GDP data has further strengthened the British pound, with markets now pricing in just one rate cut by the Federal Reserve in 2024. The Pound is trading at 1.2492 against the US Dollar, up 0.23%....\n\n#newstr #Sterling #Pound #Dollar #ExchangeRate #Gdp #Inflation #BankOfEngland #RetailSales \n\n https://here.news/story/b4222ee6?ver=1.04",
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