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JPMorgan Predicts New Path for the US Dollar, Citing Strength and Resilience /
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2024-07-08 02:04:27

JPMorgan Predicts New Path for the US Dollar, Citing Strength and Resilience on Nostr: Euro Weakens on French Poll Gridlock, Dollar Sluggish After US Payrolls ...

Euro Weakens on French Poll Gridlock, Dollar Sluggish After US Payrolls
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#4a419ef3 ver:0.24

The US dollar weakened as the euro gained due to French poll gridlock, while the pound emerged as the top performer. Wall Street currency strategists believe the dollar's setback is temporary, citing political risks and inflation trends as factors that will support its strength. However, UBS and Reuters predict a weakening dollar due to US growth slowdown and fiscal deficit concerns. The currency markets are influenced by political and economic factors, causing fluctuations in the euro and the dollar. #USD #EUR #GBP #forex...

#newstr #UsDollar #Euro #FrenchPolls #UsPayrolls #CurrencyMarkets

https://here.news/story/4a419ef3?ver=0.24
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