US Dollar Weakens as Powell Suggests Easing Cycle Amid Lower Yields and Concerns Over Biden Presidency
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#332a5058 ver:0.46

The US dollar weakened as Federal Reserve Chair Jerome Powell suggested an easing cycle, causing US bond yields to decline. Concerns over President Biden's presidency and easing Treasury yields persisted. The yen remained close to a 38-year low against the dollar, while the euro retreated. Traders monitored the possibility of Japanese intervention. The Australian dollar saw a slight increase, and China's yuan remained near its lowest level. #USD #Fed #economy #inflation...

#newstr #UsDollar #FederalReserve #JeromePowell #UsJobOpenings #TreasuryYields #Yen #Euro #Sterling #UkElection #JapaneseIntervention #JoeBiden #AustralianDollar #China'sYuan 

 https://here.news/story/332a5058?ver=0.46