Dollar Ebbs as Markets Await Key Global Inflation Reports
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#142fda0b ver:0.57

The US Dollar weakened as markets awaited key global inflation reports. The EUR/USD declined due to stronger US PMI data and speculation of an interest rate cut by the European Central Bank. The dollar's strength led to a decline in equities and currencies, while the JPY breached the 157 level again. Asian markets opened lower, and US equity futures were slightly higher. In the week ahead, inflation data from Australia, Japan, and the Eurozone, as well as important releases in the United States, will be closely watched. Analysts suggest that month-end rebalancing might signal dollar selling. #USD #EUR #ECB #inflation...

#newstr #Eur/usd #UsPmiData #GermanGdp #FedecbDivergence #Equities #Currencies #WeeklyMarketOutlook 

 https://here.news/story/142fda0b?ver=0.57