US Dollar Remains Stable as Traders Await Key Inflation Data
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#191fec04 ver:1.04

The US dollar remains stable as traders await key inflation data, with expectations of two rate cuts this year. The dollar index rose to 105.55, while the yen remained mostly unchanged at 155.59 per dollar. Tokyo warns of potential currency intervention as the dollar continues to rise. Sterling weakened ahead of the Bank of England's policy decision, expected to signal an interest rate cut. Attention now turns to the release of US Producer Price Index (PPI) and Consumer Price Index (CPI) next week. #USD #inflation #ratecuts #BOE...

#newstr #UsDollar #Traders #UsInflationData #FederalReserve #Yen #InterestRateDifferential #BankOfJapan #UsJobGrowth #RateCuts #CurrencyIntervention #Dollar/yen #UsProducerPriceIndex #ConsumerPriceIndex #InflationTarget #Sterling #BankOfEngland #InterestRateCut #FallingInflationRates 

 https://here.news/story/191fec04?ver=1.04