GBP/USD Outlook: US Economy Shows Signs of Cooling
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#a73498e0 ver:0.52
The GBP/USD pair dropped 0.5% following strong US jobs data, causing UK government bond yields to climb and dampening hopes of a US interest rate cut. The release of the data shifted market sentiment and reduced expectations of a rate cut. The impact of the strong US jobs data on the GBP/USD pair and the potential implications for the Federal Reserve's monetary policy are now in focus. Traders are also betting on the Bank of England cutting interest rates due to stagnant UK GDP. The pound's gains against the US dollar could be pressured by upcoming US PCE price index data. #GBPUSD #USjobs #interestrates...
#newstr #Gbp/usd #UsJobsData #RateCutHopes #UsDollar #BondYields #FederalReserve #JobAdditions #UnemploymentRate #UkEmploymentData #GrossDomesticProduct #BankOfEngland #Ftse100 #UsEconomicData #InterestRate #UkGdp #Inflation #HeadAndShouldersPattern #PersonalConsumptionExpenditure #Pce #TechnicalAnalysis
https://here.news/story/a73498e0?ver=0.52
USD/JPY Faces Challenges as US Economic Data Weakens /
npub1jqe…2zf6
2024-06-28 15:03:52
Author Public Key
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wss://relay.damus.ioPublished at
2024-06-28 15:03:52Event JSON
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"content": "GBP/USD Outlook: US Economy Shows Signs of Cooling\n===============\t\n#a73498e0 ver:0.52\n\nThe GBP/USD pair dropped 0.5% following strong US jobs data, causing UK government bond yields to climb and dampening hopes of a US interest rate cut. The release of the data shifted market sentiment and reduced expectations of a rate cut. The impact of the strong US jobs data on the GBP/USD pair and the potential implications for the Federal Reserve's monetary policy are now in focus. Traders are also betting on the Bank of England cutting interest rates due to stagnant UK GDP. The pound's gains against the US dollar could be pressured by upcoming US PCE price index data. #GBPUSD #USjobs #interestrates...\n\n#newstr #Gbp/usd #UsJobsData #RateCutHopes #UsDollar #BondYields #FederalReserve #JobAdditions #UnemploymentRate #UkEmploymentData #GrossDomesticProduct #BankOfEngland #Ftse100 #UsEconomicData #InterestRate #UkGdp #Inflation #HeadAndShouldersPattern #PersonalConsumptionExpenditure #Pce #TechnicalAnalysis \n\n https://here.news/story/a73498e0?ver=0.52",
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