GBP/USD Exchange Rate Volatile Amid Macroeconomic Data and Middle East Tensions on Nostr: Pound US Dollar (GBP/USD) Wavers Near 1.27 Despite Hawkish Fed Comments ...

Pound US Dollar (GBP/USD) Wavers Near 1.27 Despite Hawkish Fed Comments
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#b4222ee6 ver:1.19

Despite hawkish comments from the Federal Reserve, the GBP/USD exchange rate hovers near 1.27, close to 2-month highs. The Pound needs a weaker dollar or strong UK inflation data to break above 1.27. The Bank of England expresses caution ahead of crucial inflation data, with rate cuts expected in June. The Atlanta Fed President expects inflation to fall but at a slower pace, with monetary loosening in Q4. GBP/USD remains uncertain as central bank commentary and lack of fresh UK releases impact the market. #GBPUSD #FederalReserve #BankofEngland #inflation...

#newstr #UkInflationData #PoundSterling #Euro #Dollar #CentralBankCommentary

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