Pound Sterling Continues Strong Performance Amid Improved UK Growth Outlook
===============
#a73498e0 ver:0.79
The Pound Sterling is performing well against the US Dollar, with its best two-week performance since November 2023. This is due to hopes of a rate cut from the Federal Reserve and better-than-expected UK growth. The Bank of England's August rate cut is now in doubt, with a 50% chance of a cut. Despite risks, the Pound is approaching the 1.3900 level against the US Dollar. The Pound's strength is driven by improved UK growth and signs of fatigue in the US economy. #PoundSterling #UKgrowth #ratecut #FederalReserve #BankofEngland #USinflation...
#newstr #Pound #UsDollar #Gbp/usd #ExchangeRate #UkGrowthOutlook #Inflation #BankOfEngland #FederalReserve
https://here.news/story/a73498e0?ver=0.79
USD/JPY Faces Challenges as US Economic Data Weakens /
npub1jq…l2zf6
2024-07-15 06:59:09
Author Public Key
npub1jqekuqzvfm4zwwxtflqcdh4yd46xrvs2vgupkzvkx6r390lfr08sfl2zf6Published at
2024-07-15 06:59:09Event JSON
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"content": "Pound Sterling Continues Strong Performance Amid Improved UK Growth Outlook\n===============\t\n#a73498e0 ver:0.79\n\nThe Pound Sterling is performing well against the US Dollar, with its best two-week performance since November 2023. This is due to hopes of a rate cut from the Federal Reserve and better-than-expected UK growth. The Bank of England's August rate cut is now in doubt, with a 50% chance of a cut. Despite risks, the Pound is approaching the 1.3900 level against the US Dollar. The Pound's strength is driven by improved UK growth and signs of fatigue in the US economy. #PoundSterling #UKgrowth #ratecut #FederalReserve #BankofEngland #USinflation...\n\n#newstr #Pound #UsDollar #Gbp/usd #ExchangeRate #UkGrowthOutlook #Inflation #BankOfEngland #FederalReserve \n\n https://here.news/story/a73498e0?ver=0.79",
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