US Dollar Retreats as GDP Revisions and Soft Jobless Claims Weigh
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#142fda0b ver:0.82
The US Dollar retreats as GDP revisions and soft jobless claims weigh on the currency. Weekly jobless claims rose higher than expected, signaling a softening labor market. The market awaits the release of PCE figures, which could influence Federal Reserve expectations. Despite signs of a softening labor market, the likelihood of rate cuts remains low. The US Dollar Index is down 0.35% and traders are watching for further clues on monetary policy. #USD #GDP #joblessclaims #PCE #FederalReserve...
#newstr #UsDollar #GdpRevisions #PceData #JoblessClaims #FederalReserve
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