Monthly Archives: September 2024
41654156156Pound Slips As Market Pare Rate Cut Bets
Written on September 2, 2024 at 2:01 am, by pumarketings
Fundamental Analysis * Declining Odds: The pound sterling extend its losses against the greenback following the release of U.S PCE Price Index data which reduce expectation of Fed rate cut bets. The PCE inflation report showed that the core inflation, which excludes volatile food and energy prices, came in with 2.6%, slower than estimates ofContinue Reading