JPMorgan Predicts New Path for the US Dollar, Citing Strength and Resilience on Nostr: US Dollar Weakens as Federal Reserve Signals Rate Cuts, Euro Rises on Weaker Dollar ...
US Dollar Weakens as Federal Reserve Signals Rate Cuts, Euro Rises on Weaker Dollar
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#4a419ef3 ver:0.27
The US dollar weakened as the Federal Reserve signaled rate cuts, causing the euro to rise. Traders expect two rate cuts by year-end, with a third cut becoming more likely. The dollar index was down, while the euro gained. The pound also performed well, with the UK economy growing at double the expected rate. The upcoming week will see important economic data releases. Overall, currency markets are reacting to the Fed's signals and political developments. European shares advanced, gold prices rose, and oil prices increased. #USD #EUR #GBP #Fed #ratecuts #economy...
#newstr #UsDollar #FederalReserve #Euro #PoliticalDevelopments #France #NewZealand #EuropeanShares #Gold #Oil #RateCuts
https://here.news/story/4a419ef3?ver=0.27
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#4a419ef3 ver:0.27
The US dollar weakened as the Federal Reserve signaled rate cuts, causing the euro to rise. Traders expect two rate cuts by year-end, with a third cut becoming more likely. The dollar index was down, while the euro gained. The pound also performed well, with the UK economy growing at double the expected rate. The upcoming week will see important economic data releases. Overall, currency markets are reacting to the Fed's signals and political developments. European shares advanced, gold prices rose, and oil prices increased. #USD #EUR #GBP #Fed #ratecuts #economy...
#newstr #UsDollar #FederalReserve #Euro #PoliticalDevelopments #France #NewZealand #EuropeanShares #Gold #Oil #RateCuts
https://here.news/story/4a419ef3?ver=0.27