US Dollar Slips as Weak Economic Data Fuels Expectations of Fed Rate Cuts
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#332a5058 ver:0.38
Weak US economic data fuels expectations of Fed rate cuts, causing the US dollar to slip. Retail sales in May fell short of forecasts, leading to speculation that the Federal Reserve will implement rate cuts later this year. Meanwhile, the yen edges up against the dollar due to softening US economic data, with jobless claims dropping but business spending weakening. The outlook for the US dollar appears bearish in the short term. #USD #Fed #economy #ratecuts #yen...
#newstr #UsDollar #RetailSales #FederalReserve #RateCuts #TreasuryYields #Sterling #UkInflation #YenGains #BankOfJapan #JoblessClaims
https://here.news/story/332a5058?ver=0.38
US Dollar Shows Signs of Recovery Amid Weakening Economy and Rate Cut Expectations /
npub18c…5qe5a
2024-06-27 21:04:01
Author Public Key
npub18cflnv72tfg9ulkhjwvjtz270e6492crytv7scu2sguncsm29wgqq5qe5aPublished at
2024-06-27 21:04:01Event JSON
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"content": "US Dollar Slips as Weak Economic Data Fuels Expectations of Fed Rate Cuts\n===============\t\n#332a5058 ver:0.38\n\nWeak US economic data fuels expectations of Fed rate cuts, causing the US dollar to slip. Retail sales in May fell short of forecasts, leading to speculation that the Federal Reserve will implement rate cuts later this year. Meanwhile, the yen edges up against the dollar due to softening US economic data, with jobless claims dropping but business spending weakening. The outlook for the US dollar appears bearish in the short term. #USD #Fed #economy #ratecuts #yen...\n\n#newstr #UsDollar #RetailSales #FederalReserve #RateCuts #TreasuryYields #Sterling #UkInflation #YenGains #BankOfJapan #JoblessClaims \n\n https://here.news/story/332a5058?ver=0.38",
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