Asian Stocks Drift as Markets Assess Mixed Signals from US Policymakers on Nostr: US Dollar Faces Mixed Pressure Amid Economic Data and Powell's Remarks ...
US Dollar Faces Mixed Pressure Amid Economic Data and Powell's Remarks
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#0265b35c ver:0.64
The US dollar faces mixed pressure as economic data and Powell's remarks impact its strength. Traders are tracking gains in Asian markets, driven by US data indicating a softening labor market and potential rate cuts. The focus is on US inflation data and the Fed's monetary policy, with expectations of rate cuts in September. The strength of the dollar depends on inflation levels, and the release of the Consumer Price Index on Wednesday is crucial. The dollar remains steady, but volatility is expected. #USD #inflation #Fed #ratecuts...
#newstr #UsDollar #Ppi #Powell #InterestRates #Inflation #Fed #RateCut #Dxy #MovingAverages #MonetaryPolicy #QuantitativeEasing #QuantitativeTightening
https://here.news/story/0265b35c?ver=0.64
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#0265b35c ver:0.64
The US dollar faces mixed pressure as economic data and Powell's remarks impact its strength. Traders are tracking gains in Asian markets, driven by US data indicating a softening labor market and potential rate cuts. The focus is on US inflation data and the Fed's monetary policy, with expectations of rate cuts in September. The strength of the dollar depends on inflation levels, and the release of the Consumer Price Index on Wednesday is crucial. The dollar remains steady, but volatility is expected. #USD #inflation #Fed #ratecuts...
#newstr #UsDollar #Ppi #Powell #InterestRates #Inflation #Fed #RateCut #Dxy #MovingAverages #MonetaryPolicy #QuantitativeEasing #QuantitativeTightening
https://here.news/story/0265b35c?ver=0.64