Asian Stocks Drift as Markets Assess Mixed Signals from US Policymakers on Nostr: US Dollar Remains Steady as Traders Await Crucial Fed Data =============== #0265b35c ...
US Dollar Remains Steady as Traders Await Crucial Fed Data
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#0265b35c ver:0.63
The US dollar remains steady as traders await crucial Fed data, including the Consumer Price Index (CPI) and retail sales. The data will determine whether the Federal Reserve will cut interest rates, with markets pricing in an 80% chance of a rate cut by September. The strength of the US dollar is closely tied to interest rates, and a stronger dollar is typically driven by higher US interest rates relative to other countries. #USD #Fed #inflation #interestrates...
#newstr #UsDollar #FederalReserve #CpiData #UsEconomy #DxyIndex
https://here.news/story/0265b35c?ver=0.63
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#0265b35c ver:0.63
The US dollar remains steady as traders await crucial Fed data, including the Consumer Price Index (CPI) and retail sales. The data will determine whether the Federal Reserve will cut interest rates, with markets pricing in an 80% chance of a rate cut by September. The strength of the US dollar is closely tied to interest rates, and a stronger dollar is typically driven by higher US interest rates relative to other countries. #USD #Fed #inflation #interestrates...
#newstr #UsDollar #FederalReserve #CpiData #UsEconomy #DxyIndex
https://here.news/story/0265b35c?ver=0.63