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JPMorgan Predicts New Path for the US Dollar, Citing Strength and Resilience /
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2024-07-12 12:04:49

JPMorgan Predicts New Path for the US Dollar, Citing Strength and Resilience on Nostr: US Dollar Weakens as Federal Reserve Signals Rate Cuts =============== #4a419ef3 ...

US Dollar Weakens as Federal Reserve Signals Rate Cuts
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#4a419ef3 ver:0.26

The US dollar weakens as the Federal Reserve hints at rate cuts, causing the dollar index to drop. The euro gains as investors adjust to a hung parliament in France, while the New Zealand dollar drops on the possibility of rate cuts. Political risk in Europe is being priced out after the French and British elections. Closely watched economic data releases are expected next week, including Canadian and UK inflation, the ECB's rate decision, and Chinese GDP. Overall, currency markets react to the Fed's signals and political developments. #USD #Fed #euro #NZD #inflation #ECB #GDP #currency...

#newstr #UsDollar #FederalReserve #InterestRateCuts #Euro #PoliticalRisk #UkEconomy #BankOfEngland #BankOfJapan #CanadianDollar #AustralianDollar #EuropeanEconomy

https://here.news/story/4a419ef3?ver=0.26
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