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US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP /
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2024-06-05 01:00:29

US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP on Nostr: Dollar Steadies as Traders Await US Services Data and Canadian Interest Rate Decision ...

Dollar Steadies as Traders Await US Services Data and Canadian Interest Rate Decision
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#b9c27144 ver:1.76

The US dollar stabilizes as traders focus on US services data and await Canada's interest rate decision. The Swiss franc and yen also benefit, with the yen getting a boost from potential bond buying cuts by the Bank of Japan. Emerging markets experience volatility, with India's rupee falling and South Africa's rand fluctuating. Traders anticipate a rate cut in Canada and watch for signals of further cuts. US services ISM and partial jobs data are expected. #USD #forex #economy...

#newstr #UsDollar #Traders #UsServicesData #CanadianInterestRateDecision #SwissFranc #Yen #BankOfJapan #BondBuying #EmergingMarkets #India #Rupee #SouthAfrica #Rand #MexicanPeso

https://here.news/story/b9c27144?ver=1.76
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