Asian Stocks Drift as Markets Assess Mixed Signals from US Policymakers on Nostr: US Dollar Faces Mixed Pressure Amid Economic Data and Powell's Remarks ...
US Dollar Faces Mixed Pressure Amid Economic Data and Powell's Remarks
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#0265b35c ver:0.66
The US dollar faces mixed pressure as economic data and Powell's remarks impact its strength. Traders are tracking gains in Asian markets, driven by US data indicating a softening labor market and potential rate cuts. The focus is on US inflation data this week, which will influence the Fed's decision on interest rates. Markets are pricing in an 80% chance of a rate cut in September. The strength of the dollar is closely tied to interest rates, and a stronger dollar is typically driven by higher US interest rates relative to other countries. #USD #economy #inflation #interestrates...
#newstr #FederalReserve #UsInflation #UsDollar #InterestRates #Ppi #Powell'sRemarks #EurozoneEconomy #MemeStocks #Cpi
https://here.news/story/0265b35c?ver=0.66
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#0265b35c ver:0.66
The US dollar faces mixed pressure as economic data and Powell's remarks impact its strength. Traders are tracking gains in Asian markets, driven by US data indicating a softening labor market and potential rate cuts. The focus is on US inflation data this week, which will influence the Fed's decision on interest rates. Markets are pricing in an 80% chance of a rate cut in September. The strength of the dollar is closely tied to interest rates, and a stronger dollar is typically driven by higher US interest rates relative to other countries. #USD #economy #inflation #interestrates...
#newstr #FederalReserve #UsInflation #UsDollar #InterestRates #Ppi #Powell'sRemarks #EurozoneEconomy #MemeStocks #Cpi
https://here.news/story/0265b35c?ver=0.66