Investing.com UK on Nostr: nostr:note1dmxjqq7evjr203s4usvd5kw9205h4sc9vyplegz9aga8yzxv5q6svj88y7
quoting note1dmx…88y7US Dollar Weakens as Positive US Data Triggers Broad Sell-Off
===============
#0265b35c ver:0.91
The US dollar weakens as positive US data triggers a broad sell-off, fueling speculation of rate cuts. Asian markets rally, Wall Street hits record highs. European shares end lower, gold slips, oil prices rise. Traders await further clues on US interest rates. US import prices jump, raising inflation fears. Dollar rebounds against major currencies. US economy shows signs of slowing down. Dow closes above 40,000 for the first time. Gold rises, oil prices settle higher. Dollar remains steady as traders bet on rate cuts. US inflation surges, making rate cuts harder to achieve. Dollar rally reverses as investors anticipate decline in inflation. US producer prices increase, CPI inflation figures lower than expected. UK labor market cools, Bank of England may consider rate cuts. Dollar weakens, gold prices supported. Market awaits fresh catalysts and speeches from Fed officials. Investors sell off US dollar, increase interest in AUD. Short positions in SEK and NZD reduced. Emerging market currencies attract attention. #USD #economy #inflation #interestrates #gold #oil #stocks...
#newstr #UsDollar #Selloff #PositiveUsData
https://here.news/story/0265b35c?ver=0.91