US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP on Nostr: US Dollar Rally Pauses as Market Awaits Key Economic Data =============== #b9c27144 ...
US Dollar Rally Pauses as Market Awaits Key Economic Data
===============
#b9c27144 ver:1.59
The US Dollar rally pauses as market awaits key economic data, including inflation and GDP figures. Speculation of a potential Fed rate cut later this year is increasing, with probabilities suggesting a 50% chance of a cut in September. Stronger-than-expected data could push the Dollar Index above 105, while weaker data or dovish comments could trigger a decline. Emerging market currencies are on track for weekly losses as the dollar strengthens. Traders are recalibrating their strategies amid a more hawkish stance from the Federal Reserve....
#newstr #UsDollar #TradingLevels #Pce #GdpData #FederalReserve #Inflation #InterestRates #DurableGoodsOrders #MonetaryPolicy #QuantitativeEasing
https://here.news/story/b9c27144?ver=1.59
===============
#b9c27144 ver:1.59
The US Dollar rally pauses as market awaits key economic data, including inflation and GDP figures. Speculation of a potential Fed rate cut later this year is increasing, with probabilities suggesting a 50% chance of a cut in September. Stronger-than-expected data could push the Dollar Index above 105, while weaker data or dovish comments could trigger a decline. Emerging market currencies are on track for weekly losses as the dollar strengthens. Traders are recalibrating their strategies amid a more hawkish stance from the Federal Reserve....
#newstr #UsDollar #TradingLevels #Pce #GdpData #FederalReserve #Inflation #InterestRates #DurableGoodsOrders #MonetaryPolicy #QuantitativeEasing
https://here.news/story/b9c27144?ver=1.59