US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP on Nostr: US Dollar (DXY) Index News: Fed Rate Cut Speculations Lead to Weekly Decline ...

US Dollar (DXY) Index News: Fed Rate Cut Speculations Lead to Weekly Decline
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#b9c27144 ver:1.31

The US Dollar (USD) is trading up but still on track for a weekly decline as speculations of Federal Reserve rate cuts persist. Weaker-than-expected economic data and concerns about inflation and retail sales have raised doubts about the strength of the US economy. The dollar index is showing a short-term bearish tone, with the RSI flat in negative territory. Traders are closely watching for the release of key economic indicators and speeches by Federal Reserve officials. #USD #economy #inflation #Fed #ratecuts...

#newstr #UsDollar #DxyIndex #FederalReserve #RateCuts

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