USD/JPY: Bullish Case Eroding as US Economic Data Disappoints on Nostr: US Dollar Rebounds Ahead of PCE Release, Euro Slips After German Retail Sales ...
US Dollar Rebounds Ahead of PCE Release, Euro Slips After German Retail Sales
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#e140b6a8 ver:0.69
The US dollar rebounds ahead of PCE release, while the euro slips after German retail sales. The dollar index stabilizes at 104.76 as markets price in a 55% chance of rate cuts starting in September. The yen remains little changed against the dollar, while the euro touches a two-week low. The US dollar is on track for its first monthly losses in 2024, with the dollar index ticking up to 104.88. Investors closely watch the upcoming PCE data for potential impact on the Fed's rate decisions. #USD #EUR #PCE #ratecuts...
#newstr #UsDollar #Inflation #Gdp #RateCuts #GermanRetailSales #EurozoneCpi #JapaneseInflation #ChineseBusinessActivity
https://here.news/story/e140b6a8?ver=0.69
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#e140b6a8 ver:0.69
The US dollar rebounds ahead of PCE release, while the euro slips after German retail sales. The dollar index stabilizes at 104.76 as markets price in a 55% chance of rate cuts starting in September. The yen remains little changed against the dollar, while the euro touches a two-week low. The US dollar is on track for its first monthly losses in 2024, with the dollar index ticking up to 104.88. Investors closely watch the upcoming PCE data for potential impact on the Fed's rate decisions. #USD #EUR #PCE #ratecuts...
#newstr #UsDollar #Inflation #Gdp #RateCuts #GermanRetailSales #EurozoneCpi #JapaneseInflation #ChineseBusinessActivity
https://here.news/story/e140b6a8?ver=0.69