US Dollar weakens as market anticipates rate cuts by the Federal Reserve
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#39bf1ea9 ver:1.71
The US Dollar weakens as the market anticipates rate cuts by the Federal Reserve. Federal Reserve Chair Jerome Powell's testimony and soft economic data have fueled expectations of a rate cut in September. The US Dollar Index remains stable, but the risk of a nosedive move is increasing. The decisions of the Federal Reserve impact the US Dollar, and quantitative easing (QE) and quantitative tightening (QT) influence its value. #USD#FederalReserve#ratecuts...
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