
Pound Sterling Weakens as Markets Await US Inflation Data
The Pound Sterling is trading near a seven-week low against the U.S. Dollar as investors await key U.S. inflation data that will guide Fed policy.
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The Pound Sterling is trading near a seven-week low against the U.S. Dollar as investors await key U.S. inflation data that will guide Fed policy.
The Pound Sterling is trading near 1.3450 against the U.S. Dollar as investors await key U.S. economic data on GDP, jobs, and manufacturing orders.
Bank of England Governor Andrew Bailey has signaled that further interest rate cuts are likely, but the timing will depend on inflation's path.
The British Pound recovered against a weaker U.S. Dollar following a Fed rate cut, but gains are limited by concerns over the UK's labor market and fiscal policy.
The British Pound has dropped below the 1.3500 level against the US Dollar, driven by a broad recovery in the greenback following the Federal Reserve's latest rate decision.