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2024-05-24 07:10:44

US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP on Nostr: US Dollar Surges on Robust Economic Data and Market Concerns =============== ...

US Dollar Surges on Robust Economic Data and Market Concerns
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#b9c27144 ver:1.5

The US Dollar is surging on strong economic data and market concerns about inflation and interest rates. May's business activity figures and reports of surging input prices have led to a pullback in rate cut expectations and a rise in bond yields. The Dollar is strengthening against major currencies, while the US Dollar index is on track for its largest one-week rise since mid-April. Traders have pushed out the timing of the first rate cut to December, supporting the Dollar's gains. #USD #economy #inflation #interestrates...

#newstr #UsDollar #EconomicData #MarketConcerns #Inflation #InterestRates

https://here.news/story/b9c27144?ver=1.5
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npub12zxvvg9lj9wgdmv62y09kun8scpnp9qkqdk2v73kj377c829v2mqqe8pry