US Dollar on Edge: how PCE data could shake up the markets
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#c0f35c29 ver:1.54

The US Dollar is on edge as the latest PCE data could shake up the markets. The figures came in on target, suggesting the Fed may cut interest rates later this year. The USD had a volatile ride, finishing slightly lower, while industrial stocks led Wall Street's rebound. European shares lagged behind. The PCE data release is highly anticipated as it may influence the Fed's stance on rate cuts. The US Dollar Index is rangebound, and market participants are expecting rate cuts to materialize soon. The PCE data is a good predictor of monetary policy and the Dollar's strength. #USD #PCEdata #Fed #interestrates...

#newstr #UsDollar #PceData #FederalReserve #Inflation #UsEconomy 

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