US Dollar Strengthens Amid Positive Economic Indicators and Hawkish Fed Stance
===============
#b9c27144 ver:1.45
The US Dollar strengthens against major currencies as positive economic indicators and a hawkish Fed stance boost confidence in the US economy. The S&P Global Composite PMI hits a two-year high, US business activity accelerates, and manufacturers report price surges. The Fed's minutes reveal a debate on whether rates are restrictive enough to cool inflation, surprising investors. Expectations of rate cuts may be overblown, further boosting the dollar. The Australian and New Zealand dollars weaken, the euro and pound remain steady, and the dollar rises against the yen. Ether cryptocurrency rises amid speculation of US ETF approval. US dollar index up nearly 0.6% for the week. #USD #economy #Fed #cryptocurrency...
#newstr #UsDollar #EconomicIndicators #FederalReserve
https://here.news/story/b9c27144?ver=1.45
US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP /
npub12z…e8pry
2024-05-24 01:07:21
Author Public Key
npub12zxvvg9lj9wgdmv62y09kun8scpnp9qkqdk2v73kj377c829v2mqqe8pryPublished at
2024-05-24 01:07:21Event JSON
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"content": "US Dollar Strengthens Amid Positive Economic Indicators and Hawkish Fed Stance\n===============\t\n#b9c27144 ver:1.45\n\nThe US Dollar strengthens against major currencies as positive economic indicators and a hawkish Fed stance boost confidence in the US economy. The S\u0026P Global Composite PMI hits a two-year high, US business activity accelerates, and manufacturers report price surges. The Fed's minutes reveal a debate on whether rates are restrictive enough to cool inflation, surprising investors. Expectations of rate cuts may be overblown, further boosting the dollar. The Australian and New Zealand dollars weaken, the euro and pound remain steady, and the dollar rises against the yen. Ether cryptocurrency rises amid speculation of US ETF approval. US dollar index up nearly 0.6% for the week. #USD #economy #Fed #cryptocurrency...\n\n#newstr #UsDollar #EconomicIndicators #FederalReserve \n\n https://here.news/story/b9c27144?ver=1.45",
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