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Raising Interest Rates in Japan Could Help Halt Yen Depreciation, Analysis Shows /
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2024-07-09 09:04:30

Raising Interest Rates in Japan Could Help Halt Yen Depreciation, Analysis Shows on Nostr: US Dollar stabilizes as focus shifts to Fed Chairman Powell's testimony ...

US Dollar stabilizes as focus shifts to Fed Chairman Powell's testimony
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#39bf1ea9 ver:1.65

The US Dollar stabilizes near 105.00 as focus shifts to Fed Chairman Powell's testimony. The Dollar Index remains stable against major currencies, with the Australian Dollar being the weakest. EUR/USD gains above 1.0800, GBP/USD consolidates near 1.2800, and Gold defends $2,350 support. Litecoin sees a recovery, and June CPI is expected to show inflation firming. The Federal Reserve's monetary policy decisions impact the value of the US Dollar. #USD #Fed #inflation...

#newstr #UsDollar #FederalReserve #JeromePowell #ForexMarket #NonfarmPayrolls #Nfp #UnemploymentRate #LaborForceParticipationRate #AverageHourlyEarnings #InterestRates #QuantitativeEasing #QuantitativeTightening #RateCuts #Inflation #ConsumerPriceIndex #Cpi #MonetaryPolicy

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