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JPMorgan Predicts New Path for the US Dollar, Citing Strength and Resilience /
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2024-07-07 10:01:55

JPMorgan Predicts New Path for the US Dollar, Citing Strength and Resilience on Nostr: US Dollar Weakens as Pound Outshines, Yen Stabilizes =============== #4a419ef3 ...

US Dollar Weakens as Pound Outshines, Yen Stabilizes
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#4a419ef3 ver:0.23

The US dollar weakened last week, with the pound and euro gaining due to political developments, while the yen stabilized against the dollar. Wall Street currency strategists believe it's a temporary setback, as US political risk and inflation trends will support the dollar's strength. The pound was the biggest gainer, while the euro also saw gains. The US economy is still performing well, and evidence of a more benign inflation outlook is needed to see the dollar underperform further. #USD #GBP #EUR #JPY #forex...

#newstr #UsDollar #Pound #Yen #CurrencyPerformance #MarketSentiment

https://here.news/story/4a419ef3?ver=0.23
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