Wonderful introduction:
Let your sorrows be full of worries, and you can't sleep, and you can't sleep. The full moon hangs high, scattered all over the ground. I think that the bright moon will be ruthless, and the wind and frost will fade away for thousands of years, and the passion will fade away easily. If there is love, it should have grown old with the wind. Knowing that the moon is ruthless, why do you repeatedly express your love to the bright moon?
Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange]: The pound/dollar falls into consolidation before the key central bank resolutions." Hope it will be helpful to you! The original content is as follows:
XM Foreign Exchange APP News - On Thursday (September 11), the pound/dollar exchange rate fluctuated in a narrow range around US$1.3521, and the trend was limited. The market is currently awaiting key U.S. inflation data, as well as a major policy meeting to be held by the Federal Reserve and the Bank of England next week. The pound has gradually recovered from the sell-off wave in early September. Previously, concerns over UK fiscal sustainability led to the pound falling to monthly lows, while pushing UK long-term Treasury yields to its highest level since the late 1990s. One reason pound is supported is that investors expect the Bank of England to avoid a sharp rate cut—especially as other major central banks such as the Fed turn to loose policies. Another support factor is the high inflation in the UK: the country's inflation rate remains at its highest level in the G7 (G7), with the stickiness of rising prices in the service sector and wage growth being particularly significant. The latest data show that the UK economy is showing resilience despite persistent inflationary pressures and weak labor markets. Against this backdrop, British Chancellor Rachel Reeves faces increasing pressure: maintaining fiscal stability without violating government lending rules. The market will closely monitor the next budget report released in November this year.
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