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2024-05-27 14:09:32

GBP/USD Exchange Rate Volatile Amid Macroeconomic Data and Middle East Tensions on Nostr: Pound to Dollar Exchange Rate Near Two-Month Best on UK Bank Holiday =============== ...

Pound to Dollar Exchange Rate Near Two-Month Best on UK Bank Holiday
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#b4222ee6 ver:1.22

The GBP/USD exchange rate is near a two-month high as the dollar remains range-bound against European currencies. UK inflation for May exceeded expectations, making a June rate cut unlikely. The pound strengthened after the report, while the FTSE dropped. The pound's performance against the dollar has been struggling ahead of the next week's BoE rate decision. The US dollar dipped in response to weaker-than-expected US data. Pound sterling rallied as UK inflation was hotter than expected. #GBP #USD #inflation #BoE...

#newstr #Pound #Dollar #ExchangeRate #UkBankHoliday

https://here.news/story/b4222ee6?ver=1.22
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