US Dollar Continues to Decline on Weak Data and Rate Cut Speculation
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#332a5058 ver:0.62

The US dollar continues to decline on weak data and rate cut speculation, with concerns over disinflation and a slowing labor market. Traders are now expecting a September rate cut. The Canadian job market is also slowing down, with difficulties absorbing new labor force entrants. The global market focused on the US inflation outlook and Fed monetary policy in June, with the US dollar rallying. However, Fed Chair Powell's comments sparked a reversal. Oil prices rose due to tensions in the Middle East. #USD #economy #ratecut #jobmarket #inflation #oilprices...

#newstr #UsDollar #WeakData #RateCutSpeculation #NonfarmPayrolls #EconomicIndicators #LaborMarket #InterestRates #Ism #UnemploymentRates #Eurozone 

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