US Dollar declines on Fed rate cut, profit taking
The US Dollar Index (DXY) dipped marginally following the Fed's 25 basis point interest rate cut, currently trading around 104.50. The statement highlighted the Fed's continued commitment to balancing its dual mandate of price stability and maximum employment.
A stronger dollar makes bullion less attractive for overseas buyers.[USD/] "The market is focused on the Fed decision ...
MAGA’s chieftain likes a weak greenback, but wait for the central bank before getting caught out on that limb.
4don MSN
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