The British Pound is under pressure going into the third quarter of the year as interest rate cuts finally heave into view. With the UK highly likely to elect a Labour government, investors may shun the pound due to unclear spending plan

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Gold’s Q3 direction hinges on rate shifts, reduced central bank purchases, the run up to the US election, and the continuation of major global conflicts

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Can the Geopolitics is likely to guide price action as major conflicts extend

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French elections likely to weigh on the Euro at the start of Q3 but the single currency looks to recover lost ground as the Fed eyes a rate cut, potentially as soon as September

from DailyFX – Market News https://bit.ly/4cOamvB
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The latest US Jobs Report showed 206k new jobs created vs. expectations of 190k. Last month’s figure however was revised sharply lower from 272k to 218k.

from DailyFX – Market News https://bit.ly/4cMhZCJ
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