US Dollar declines on Fed rate cut, profit taking
The US Dollar Index (DXY) dipped marginally following the Fed's 25 basis point interest rate cut, currently trading around 104.50. The statement highlighted the Fed's continued commitment to balancing its dual mandate of price stability and maximum employment.
A stronger dollar makes bullion less attractive for overseas buyers.[USD/] "The market is focused on the Fed decision ...
MAGA’s chieftain likes a weak greenback, but wait for the central bank before getting caught out on that limb.
But over the course of Trump’s second term, the risks of political, fiscal, foreign and central bank crises may fully unwind the greenback’s current strength. Thus, investors shouldn’t rule out the ...
Reuters on MSN1d
Firm Dollar Keeps Peers on Back Foot Ahead of BOE, Fed DecisionsU.S. equities at record highs and a weaker yen appeared to be an "endorsement for Trump," but a stronger dollar and higher ...
Here's a look at how various assets are moving after the release of the Federal Reserve's latest interest-rate decision: U.S.
Investors have been pricing in higher yields for weeks on the view that Trump's policies would make it hard for the Fed to ...
Gold prices touched their lowest levels in more than three weeks on Thursday, as the dollar strengthened after Donald Trump's ...
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