Asian Stocks Drift as Markets Assess Mixed Signals from US Policymakers on Nostr: Traders Eye US Inflation Data as Dollar Drifts and Yen Remains Weak =============== ...

Traders Eye US Inflation Data as Dollar Drifts and Yen Remains Weak
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#0265b35c ver:0.61

Traders closely monitor US inflation data as the dollar weakens and the yen remains fragile. The Federal Reserve is expected to cut rates in September, with a possibility of another cut in December. The release of the Consumer Price Index (CPI) on Wednesday will be crucial in determining the Fed's decision. Markets are pricing in an 80% chance of a rate cut in September. The strength of the US dollar is tied to interest rates, and a weaker dollar could potentially boost the stock market. #inflation #USD #Fed #interestrates...

#newstr #UsInflation #UsRates #Dollar #Yen #CurrencyMarket

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