Sterling faces headwinds on dovish BoE sentiment
==========
GBPUSD pair edges higher toward 1.3000 during Asian trading; UK faces declining consumer and producer inflation, weak labour market data; expectations for a 25 basis point rate cut by BoE in November and another in December; BoE Governor Andrew Bailey emphasizes need for better monitoring of non-banking system at Bloomberg event in New York; BoE Deputy Governor Sarah Breeden to discuss financial regulation at IIF panel in Washington; US Dollar strengthens as Treasury yields rise, DXY Dollar Index at 104.20; 2-year and 10-year US Treasury yields at 4.05% and 4.23%; Mary Daly from Federal Reserve highlights improved US economic conditions.
#Sterling #Boe #Gbpusd #UsDollar #Inflation #TreasuryYields #FinancialRegulation #MaryDaly #AndrewBailey #SarahBreeden
https://www.financialmirror.com/2024/10/23/sterling-faces-headwinds-on-dovish-boe-sentiment/
Financial Mirror /
npub13a…fsc63
2024-10-23 09:06:18
Author Public Key
npub13az9rj440h4f4wnqdw9w2tkhlt5e6zpuvrm9pmes49dfe8288pws3fsc63Published at
2024-10-23 09:06:18Event JSON
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"content": "Sterling faces headwinds on dovish BoE sentiment\n==========\n\nGBPUSD pair edges higher toward 1.3000 during Asian trading; UK faces declining consumer and producer inflation, weak labour market data; expectations for a 25 basis point rate cut by BoE in November and another in December; BoE Governor Andrew Bailey emphasizes need for better monitoring of non-banking system at Bloomberg event in New York; BoE Deputy Governor Sarah Breeden to discuss financial regulation at IIF panel in Washington; US Dollar strengthens as Treasury yields rise, DXY Dollar Index at 104.20; 2-year and 10-year US Treasury yields at 4.05% and 4.23%; Mary Daly from Federal Reserve highlights improved US economic conditions.\n\n#Sterling #Boe #Gbpusd #UsDollar #Inflation #TreasuryYields #FinancialRegulation #MaryDaly #AndrewBailey #SarahBreeden\n\nhttps://www.financialmirror.com/2024/10/23/sterling-faces-headwinds-on-dovish-boe-sentiment/",
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