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U.S. Stocks Swing Amid Middle East Tensions and Fed Policy /
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2024-07-02 09:03:53

U.S. Stocks Swing Amid Middle East Tensions and Fed Policy on Nostr: Dollar edges higher on Trump expectations; euro slips ahead of inflation data ...

Dollar edges higher on Trump expectations; euro slips ahead of inflation data
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#c0f35c29 ver:1.61

The US dollar edges higher on expectations of a Trump win, while the euro slips ahead of inflation data. US PCE data shows unexpected deceleration in inflation, supporting the case for a Fed rate cut. The focus now shifts to labor market data. The dollar remains resilient despite signs of the US economy losing steam. The pound remains steady ahead of the UK general election. Eurozone economic sentiment declines, and the Riksbank signals further rate cuts. The US dollar index holds above key moving averages. Eurostat will release crucial inflation data. #USD #EUR #inflation #Fed #GBP...

#newstr #UsDollar #Euro #Trump #Inflation #UsTreasuryYields #FedRateCut #UkEconomy #PceData #Lagarde #PowellSpeeches

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