US Dollar Continues to Decline on Weak Data and Rate Cut Speculation
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#332a5058 ver:0.62
The US dollar continues to decline on weak data and rate cut speculation, with concerns over disinflation and a slowing labor market. Traders are now expecting a September rate cut. The Canadian job market is also slowing down, with difficulties absorbing new labor force entrants. The global market focused on the US inflation outlook and Fed monetary policy in June, with the US dollar rallying. However, Fed Chair Powell's comments sparked a reversal. Oil prices rose due to tensions in the Middle East. #USD #economy #ratecut #jobmarket #inflation #oilprices...
#newstr #UsDollar #WeakData #RateCutSpeculation #NonfarmPayrolls #EconomicIndicators #LaborMarket #InterestRates #Ism #UnemploymentRates #Eurozone
https://here.news/story/332a5058?ver=0.62
US Dollar Shows Signs of Recovery Amid Weakening Economy and Rate Cut Expectations /
npub18c…5qe5a
2024-07-09 10:55:37
Author Public Key
npub18cflnv72tfg9ulkhjwvjtz270e6492crytv7scu2sguncsm29wgqq5qe5aPublished at
2024-07-09 10:55:37Event JSON
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"content": "US Dollar Continues to Decline on Weak Data and Rate Cut Speculation\n===============\t\n#332a5058 ver:0.62\n\nThe US dollar continues to decline on weak data and rate cut speculation, with concerns over disinflation and a slowing labor market. Traders are now expecting a September rate cut. The Canadian job market is also slowing down, with difficulties absorbing new labor force entrants. The global market focused on the US inflation outlook and Fed monetary policy in June, with the US dollar rallying. However, Fed Chair Powell's comments sparked a reversal. Oil prices rose due to tensions in the Middle East. #USD #economy #ratecut #jobmarket #inflation #oilprices...\n\n#newstr #UsDollar #WeakData #RateCutSpeculation #NonfarmPayrolls #EconomicIndicators #LaborMarket #InterestRates #Ism #UnemploymentRates #Eurozone \n\n https://here.news/story/332a5058?ver=0.62",
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