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2024-07-04 23:00:15

GBP/USD Exchange Rate Volatile Amid Macroeconomic Data and Middle East Tensions on Nostr: Pound and Euro Strengthen Against Dollar on Weak US Economic Data =============== ...

Pound and Euro Strengthen Against Dollar on Weak US Economic Data
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#b4222ee6 ver:1.28

The Pound and Euro strengthened against the Dollar due to weak US economic data. Concerns over French elections and hopes for political stability in the UK are driving the exchange rates. The Pound Euro rate is at a 2-year high, but uncertainty in France and UK fundamentals may undermine the Pound in the medium term. The Dollar fell on weak economic data, leading to expectations of Federal Reserve interest rate cuts. British voters are expected to elect Keir Starmer as the next UK Prime Minister. #Forex #GBP #EUR #USD...

#newstr #Pound #Euro #Dollar #UsEconomicData #FederalReserve #BankOfEnglandRateCuts #LabourParty #KeirStarmer #RishiSunak #BritishElections

https://here.news/story/b4222ee6?ver=1.28
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