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 ...
But over the course of Trump’s second term, the risks of political, fiscal, foreign and central bank crises may fully unwind ...
MAGA’s chieftain likes a weak greenback, but wait for the central bank before getting caught out on that limb.
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 ...
3don MSN
The dollar lost ground after weekend polls showed the odds of a ... was closed in Asian trading hours as markets in Japan ...
The dollar took a breather on Friday ... “(The) meeting doesn’t change the view that the Fed is still on the path to ...
BoJ policy under review amid Japan’s political gridlock. US election and ISM PMI data may drive US dollar moves, setting up a ...
Investors have been pricing in higher yields for weeks on the view that Trump's policies would make it hard for the Fed to ...
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