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2024-07-03 03:00:20

US Dollar Shows Signs of Recovery Amid Weakening Economy and Rate Cut Expectations on Nostr: US Dollar Weakens as Powell Suggests Easing Cycle =============== #332a5058 ver:0.44 ...

US Dollar Weakens as Powell Suggests Easing Cycle
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#332a5058 ver:0.44

The US dollar weakened as Federal Reserve Chair Jerome Powell hinted at an easing cycle, causing US bond yields to decline. The dollar index was down 0.1% at 105.74, while the yen remained close to a 38-year low against the dollar. The euro was flat against the dollar at $1.0739. Traders are monitoring the possibility of Japanese intervention in the currency market. #USD #Fed #economy...

#newstr #UsDollar #FederalReserveChairJeromePowell #UsCentralBank #UsJobOpenings #RateCut #TreasuryYields #Yen #Euro #Sterling #UkElection #JapaneseIntervention #JoeBiden #AustralianDollar #China'sYuan

https://here.news/story/332a5058?ver=0.44
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