US Dollar in Downtrend on Quiet Monday as Markets Await GDP and PCE Data
===============
#b9c27144 ver:1.61
The US Dollar (USD) is experiencing losses as markets await GDP and PCE data, while the Dollar Index (DXY) shows bearish momentum. Strong US economic data has supported the USD, but there is speculation of a potential Fed rate cut. Traders are closely watching speeches by Fed members and the release of PCE data this week. The USD remains in a wait-and-see mode as market participants analyze upcoming data releases. #USD #forex #economy...
#newstr #UsDollar #Gdp #PceData #FederalReserve #CurrencyMarkets
https://here.news/story/b9c27144?ver=1.61
US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP /
npub12z…e8pry
2024-05-27 18:05:46
Author Public Key
npub12zxvvg9lj9wgdmv62y09kun8scpnp9qkqdk2v73kj377c829v2mqqe8pryPublished at
2024-05-27 18:05:46Event JSON
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"content": "US Dollar in Downtrend on Quiet Monday as Markets Await GDP and PCE Data\n===============\t\n#b9c27144 ver:1.61\n\nThe US Dollar (USD) is experiencing losses as markets await GDP and PCE data, while the Dollar Index (DXY) shows bearish momentum. Strong US economic data has supported the USD, but there is speculation of a potential Fed rate cut. Traders are closely watching speeches by Fed members and the release of PCE data this week. The USD remains in a wait-and-see mode as market participants analyze upcoming data releases. #USD #forex #economy...\n\n#newstr #UsDollar #Gdp #PceData #FederalReserve #CurrencyMarkets \n\n https://here.news/story/b9c27144?ver=1.61",
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