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US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP /
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2024-06-04 11:04:02

US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP on Nostr: US Dollar Weakens on Weak Economic Data, Recovers Slightly =============== #b9c27144 ...

US Dollar Weakens on Weak Economic Data, Recovers Slightly
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#b9c27144 ver:1.72

The US Dollar weakened to its lowest level since April against the euro and sterling due to weak economic data, raising the likelihood of earlier interest rate cuts by the Federal Reserve. The dollar index fell to 103.99, the lowest since April 9. The euro gained to $1.09155, and sterling reached its highest level since March 14. The Bank of England and the Bank of Japan will also conduct potentially significant policy meetings later this month. #USD #economy #interestrates #FederalReserve...

#newstr #UsDollar #EconomicData #FederalReserve #InterestRateCuts #CurrencyMarket

https://here.news/story/b9c27144?ver=1.72
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