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US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP /
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2024-06-04 04:59:13

US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP on Nostr: US Dollar Continues to Weaken as Weak Economic Data and Uncertain Markets Impact ...

US Dollar Continues to Weaken as Weak Economic Data and Uncertain Markets Impact Currency
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#b9c27144 ver:1.68

The US Dollar continues to weaken as weak economic data and uncertain markets impact the currency. The decline comes as evidence of a slowing US economy strengthens the case for earlier interest rate cuts by the Federal Reserve. The dollar index falls to its lowest level since April, while the euro and sterling reach their highest levels in months. The upcoming policy meetings of the Bank of England and the Bank of Japan could further impact the currency market. #USD #economy #interestrates #currency...

#newstr #UsDollar #UsEconomy #FederalReserve #InterestRates #Markets #EconomicData

https://here.news/story/b9c27144?ver=1.68
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