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US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP /
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2024-06-04 01:58:27

US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP on Nostr: US Dollar Weakens to Multi-Month Lows as Speculation of Fed Rate Cuts Grows ...

US Dollar Weakens to Multi-Month Lows as Speculation of Fed Rate Cuts Grows
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#b9c27144 ver:1.65

The US Dollar weakens to multi-month lows against the euro and sterling as speculation of Fed rate cuts grows. Signs of a softening US economy increase the likelihood of earlier interest rate cuts. Dollar index at lowest level since April 9, euro at highest since March 21. Fed funds futures indicate a 59.1% chance of rate cut in September. Bank of England and Bank of Japan policy meetings also potentially pivotal. #USD #Fed #economy #interestrates...

#newstr #UsDollar #FederalReserve #InterestRates

https://here.news/story/b9c27144?ver=1.65
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