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2024-05-01 20:00:39

US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP on Nostr: US Dollar Strengthens as Markets Await Federal Reserve Decision =============== ...

US Dollar Strengthens as Markets Await Federal Reserve Decision
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#b9c27144 ver:0.88

The US dollar strengthens as markets await Federal Reserve decision, reaching its highest level this year. Traders are pricing in only one rate cut in 2024. Oil prices fall amid hopes of a ceasefire in the Middle East and rising US crude inventories. The Federal Reserve signals potential reductions in borrowing costs but wants more confidence in falling inflation before cutting rates. The dollar index falls in response, while the euro and pound gain. #USD #FederalReserve #oilprices #inflation...

#newstr #UsDollar #FederalReserve #TreasuryYields #S&p500Futures #OilPrices #GoldPrices #Inflation #BorrowingCosts

https://here.news/story/b9c27144?ver=0.88
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