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2024-05-24 07:56:33

US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP on Nostr: US Dollar Surges on Strong Economic Data and Market Concerns =============== ...

US Dollar Surges on Strong Economic Data and Market Concerns
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#b9c27144 ver:1.51

The US Dollar is surging on strong economic data and market concerns, with the US Dollar Index climbing nearly 0.6% for the week. Positive US business activity figures have reduced expectations of an interest rate cut and led to a rise in government bond yields. This has also strengthened the US Dollar against other major currencies, causing the Australian dollar, New Zealand dollar, euro, and China's yuan to weaken. Traders are now anticipating a more hawkish stance from the Federal Reserve. #USD #economy #inflation #interestrates...

#newstr #UsDollar #EconomicData #MarketConcerns #Inflation #InterestRates

https://here.news/story/b9c27144?ver=1.51
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npub12zxvvg9lj9wgdmv62y09kun8scpnp9qkqdk2v73kj377c829v2mqqe8pry