The GBP/USD is suffering from the deterioration of market sentiment - London Business News | Londonlovesbusiness.com
Briefly

from London Business News | Londonlovesbusiness.com3 months ago
Prices for GBP/USD are declining due to Federal Reserve's hawkish stance and weak US data. Potential for rate cut by Fed in September may limit dollar's strength.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/the-gbp-usd-is-suffering-from-the-deterioration-of-market-sentiment/
US PPI and jobless claims figures below expectations. BoJ inaction supports the US dollar. Fed anticipates only one rate cut by 2024 despite inflation decline.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/the-gbp-usd-is-suffering-from-the-deterioration-of-market-sentiment/
Read at London Business News | Londonlovesbusiness.com
#gbpusd #federal-reserve #us-economic-data #ppi #jobless-claims
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