Traders Await US Inflation Data as Dollar Drifts and Yen Remains Weak
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#0265b35c ver:0.62

Traders await US inflation data as the dollar drifts and the yen remains weak. The Federal Reserve is expected to cut rates by 25 basis points in September, with a chance of another cut in December. US inflation data for April will be released on Wednesday, which will be crucial for the Fed's decision-making process. Markets are pricing in an 80% chance of a rate cut by September. The strength of the US dollar is closely tied to interest rates. #inflation #USD #Fed #interestrates...

#newstr #Traders #UsInflationData #FederalReserve #InterestRateCuts #UsDollar #Yen #ForeignExchangeMarket 

 https://here.news/story/0265b35c?ver=0.62