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.
Gold prices rose more than 1% on Thursday, helped by a retreat in the U.S. dollar, while the Federal Reserve cut interest ...
The Associated Press on MSN4d
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The US dollar posted its biggest monthly gain in more than two years as a resilient economy prompts traders to dial back ...
On the other hand, the US dollar (DXY) strengthened after the Federal Reserve’s rate cut. This signals that the central bank ...
The dollar dipped on Monday as investors braced for wide-ranging implications for the global economy this week from the ...
"All that will significantly reduce the Fed's interest-rate cut potential," she said. "In this scenario, a clear and dynamic positive reaction would be expected on the dollar's side." ...
Treasury yields — or market interest rates — spiked, while the dollar has rallied against major currencies, partly as ...
Gold prices rebounded from a three-week low on Thursday on the back of a weaker dollar and as investors awaited the U.S.
China inflation slowdown signals weaker Aussie dollar demand; softer prices may support an RBA rate cut in December.
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