US Dollar Continues to Decline on Weak Data and Rate Cut Speculation
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#332a5058 ver:0.61
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. Market pricing for an interest rate cut in July is at a 60% probability. In June, the global market focused on the US inflation outlook and Fed monetary policy, with the US dollar rallying. Oil prices rose due to escalating tensions in the Middle East. #USDollar #RateCut #LaborMarket #Inflation #OilPrices #USJobs #CanadianJobs...
#newstr #UsDollar #WeakData #RateCutSpeculation #NonfarmPayrolls #EconomicIndicators #LaborMarket #InterestRates #Inflation #Fed #S&p500 #EuropeanCentralBank #BankOfEngland #LabourParty #MarineLePen #JeromePowell #BankOfCanada #OilPrices
https://here.news/story/332a5058?ver=0.61
US Dollar Shows Signs of Recovery Amid Weakening Economy and Rate Cut Expectations /
npub18c…5qe5a
2024-07-08 00:59:59
Author Public Key
npub18cflnv72tfg9ulkhjwvjtz270e6492crytv7scu2sguncsm29wgqq5qe5aPublished at
2024-07-08 00:59:59Event JSON
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"content": "US Dollar Continues to Decline on Weak Data and Rate Cut Speculation\n===============\t\n#332a5058 ver:0.61\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. Market pricing for an interest rate cut in July is at a 60% probability. In June, the global market focused on the US inflation outlook and Fed monetary policy, with the US dollar rallying. Oil prices rose due to escalating tensions in the Middle East. #USDollar #RateCut #LaborMarket #Inflation #OilPrices #USJobs #CanadianJobs...\n\n#newstr #UsDollar #WeakData #RateCutSpeculation #NonfarmPayrolls #EconomicIndicators #LaborMarket #InterestRates #Inflation #Fed #S\u0026p500 #EuropeanCentralBank #BankOfEngland #LabourParty #MarineLePen #JeromePowell #BankOfCanada #OilPrices \n\n https://here.news/story/332a5058?ver=0.61",
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