Dollar Weakens as Market Awaits US Inflation Data =============== #0265b35c ver:0.59 The weakening US dollar is driven by expectations of slowing inflation and consumer spending, while recovering European economies may see interest rate cuts. The Federal Reserve is likely to cut rates in September and December. US inflation data this week will be crucial in determining the Fed's decision. Markets are pricing in an 80% chance of a rate cut in September. The strength of the US dollar is closely tied to interest rates. #USD #inflation #interestrates #Fed... #newstr #UsInflation #FederalReserve #InterestRates #UsDollar #CurrencyMarkets https://here.news/story/0265b35c?ver=0.59