US Dollar Shows Signs of Recovery Amid Weakening Economy and Rate Cut Expectations on Nostr: Dollar Weakens on Soft US Data, Yen Remains at 38-Year Low =============== #332a5058 ...
Dollar Weakens on Soft US Data, Yen Remains at 38-Year Low
===============
#332a5058 ver:0.56
The weakening US dollar and 38-year low for the yen are reversing as softer US economic data raises expectations of Fed rate cuts. The USD/JPY pair retreats from its peak, prompting traders to prepare for possible Japanese government intervention. The market now prices in a 68% chance of a US rate cut in September. The yen's value is influenced by the Japanese economy, Bank of Japan policy, bond yield differentials, and risk sentiment. #USD #JPY #economy #Fed #forex...
#newstr #Dollar #Yen #UsEconomy #InterestRates #NonfarmPayrolls #CurrencyIntervention #UkElections #FrenchElections #Sterling #Euro #Bitcoin #Ether
https://here.news/story/332a5058?ver=0.56
===============
#332a5058 ver:0.56
The weakening US dollar and 38-year low for the yen are reversing as softer US economic data raises expectations of Fed rate cuts. The USD/JPY pair retreats from its peak, prompting traders to prepare for possible Japanese government intervention. The market now prices in a 68% chance of a US rate cut in September. The yen's value is influenced by the Japanese economy, Bank of Japan policy, bond yield differentials, and risk sentiment. #USD #JPY #economy #Fed #forex...
#newstr #Dollar #Yen #UsEconomy #InterestRates #NonfarmPayrolls #CurrencyIntervention #UkElections #FrenchElections #Sterling #Euro #Bitcoin #Ether
https://here.news/story/332a5058?ver=0.56