US Dollar Faces Mixed Pressure Amid Economic Data and Powell's Remarks
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#0265b35c ver:0.65

The US dollar faces mixed pressure as economic data and Powell's remarks influence market sentiment. Traders are tracking gains in Asian markets, driven by US data indicating a softening labor market and potential rate cuts. The focus is on US inflation data and the Fed's monetary policy, with expectations of rate cuts in September. The strength of the dollar depends on this week's CPI release. Lower rates could weaken the dollar but boost the stock market. The dollar index fell, while the euro and sterling rose. Bitcoin also saw gains. #USD #inflation #Fed #ratecuts...

#newstr #UsDollar #FederalReserve #Inflation #InterestRates #MonetaryPolicy #UsEconomy 

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