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JPMorgan Predicts New Path for the US Dollar, Citing Strength and Resilience /
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2024-07-15 07:01:20

JPMorgan Predicts New Path for the US Dollar, Citing Strength and Resilience on Nostr: Dollar Strengthens as Traders Bet on Trump's Victory Amid Assassination Attempt ...

Dollar Strengthens as Traders Bet on Trump's Victory Amid Assassination Attempt
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#4a419ef3 ver:0.31

The US dollar strengthens as traders bet on Trump's victory amid an assassination attempt, pushing Treasury yields higher and injecting political uncertainty into the markets. Meanwhile, disappointing data in China puts pressure on Beijing to implement support measures. The dollar also experienced back-to-back weekly losses due to slowing US macro and inflation data, while the euro gained as investors adjusted to a hung parliament in France. The upcoming week will see closely watched economic data releases and central bank rate decisions. Overall, currency markets react to potential rate cuts and political developments. #USD #Trump #China #EUR #Fed #inflation #ECB...

#newstr #UsDollar #Trump #AssassinationAttempt #TreasuryYields #Euro #PoliticalDevelopments #EuropeanShares #Gold #Oil #Eur/usd

https://here.news/story/4a419ef3?ver=0.31
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