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Raising Interest Rates in Japan Could Help Halt Yen Depreciation, Analysis Shows /
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2024-07-10 15:04:32

Raising Interest Rates in Japan Could Help Halt Yen Depreciation, Analysis Shows on Nostr: US Dollar remains flat as traders await consumer inflation report =============== ...

US Dollar remains flat as traders await consumer inflation report
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#39bf1ea9 ver:1.69

The US Dollar remains steady as traders await consumer inflation report and Federal Reserve Chairman Jerome Powell's testimony. The US Dollar Index is stable against major currencies, with the Australian Dollar being the weakest. The market is anticipating a rate cut in September. The decisions of the Federal Reserve impact the US Dollar, and quantitative easing weakens it while quantitative tightening strengthens it. The upcoming consumer inflation report will be a critical test for markets and could potentially strengthen the case for rate cuts. #USD #inflation #Fed #economy...

#newstr #UsDollar #DxyIndex #FederalReserve #JeromePowell #ForexMarket #NonfarmPayrolls #Nfp #UnemploymentRate #LaborForceParticipationRate #AverageHourlyEarnings

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