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The U.S. dollar rose slightly against other major currencies on Thursday, but stayed close to multi-week lows as bets that ...
Traders ramped up Fed rate cut bets on Thursday, pinning the dollar near multi-week lows, while a global stock rally paused ...
A weaker dollar, the specter of political interference in U.S. monetary policy, and the increase in investor risk appetite ...
The dollar fell against a basket of currencies as expectations rose for the Federal Reserve to resume cutting interest rates in September.
USD/JPY declines to near 146.50 as US Treasury Secretary Bessent stated that the BoJ would hike interest rates.
US Treasury Secretary Scott Bessent said in an interview on Wednesday that short-term Fed interest rates should be 1.5-1.75% ...
Having said all that, today, dollar traders are likely to pay extra attention to the PPI data for July. A slowdown in ...
The dollar fell to its weakest level against the Japanese yen in three weeks after U.S. Treasury Secretary Scott Bessent said he expected the Bank of Japan to raise interest rates to tackle inflation.
The yen is rising for the third consecutive session, apparently boosted by calls from the US Treasury Secretary for the Bank of Japan to raise rates. Click to read.
The U.S. dollar was under pressure on Thursday as traders piled into wagers that the Federal Reserve will resume cutting interest rates next month, powering Bitcoin to a record high, while a ...
Gold extended gains to a third session on Thursday, supported by rising expectations of an interest rate cut by the U.S.
At the time of writing, GBP/USD traded at $1.3564, up 0.5% on the day. The US Dollar (USD) slipped on Wednesday amid growing ...
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