US Dollar Shows Signs of Recovery Amid Weakening Economy and Rate Cut Expectations on Nostr: US Dollar Weakens Ahead of US Inflation Report; Sterling Strengthens on Rate Cut ...
US Dollar Weakens Ahead of US Inflation Report; Sterling Strengthens on Rate Cut Speculation
===============
#332a5058 ver:0.63
The US dollar weakens as traders anticipate a rate cut and react to weak data, while the British pound strengthens on speculation of a rate cut. Concerns over disinflation and a slowing labor market in the US weigh on the dollar, with a September rate cut now seen as more likely. Traders await the June Nonfarm Payrolls report for further insight. #USD #GBP #inflation #ratecut...
#newstr #UsDollar #Sterling #Inflation #BankOfEngland #FederalReserve
https://here.news/story/332a5058?ver=0.63Published at
2024-07-11 02:01:42Event JSON
{
"id": "3a63f3e56a327b09559d3d54a3b8c5ca8fff61c16a6825759ff4afdd86d71fa7",
"pubkey": "3e13f9b3ca5a505e7ed7939925895e7e7552ab0322d9e8638a82393c436a2b90",
"created_at": 1720663302,
"kind": 1,
"tags": [],
"content": "US Dollar Weakens Ahead of US Inflation Report; Sterling Strengthens on Rate Cut Speculation\n===============\t\n#332a5058 ver:0.63\n\nThe US dollar weakens as traders anticipate a rate cut and react to weak data, while the British pound strengthens on speculation of a rate cut. Concerns over disinflation and a slowing labor market in the US weigh on the dollar, with a September rate cut now seen as more likely. Traders await the June Nonfarm Payrolls report for further insight. #USD #GBP #inflation #ratecut...\n\n#newstr #UsDollar #Sterling #Inflation #BankOfEngland #FederalReserve \n\n https://here.news/story/332a5058?ver=0.63",
"sig": "bd93c7098ef44612102b0f87aa74a3cbeaf724faadbf1c61a2588caa8d62aecfd6d49c13a35b499212da3cb21e35cc1344e954fe1b770c70f4f4022038de50e3"
}