US Dollar extends losses as soft inflation data confirms market's September rate cut expectations

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 23 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 72%

Dollarindex Notícia

SEO,Currencies

The US Dollar measured by the DXY index slipped further on Thursday, mainly due to the decelerating inflation figures from the US Consumer Price Index (CPI), which makes an even better case for a September interest rate cut by the Federal Reserve (Fed).

US Dollar loses momentum on decelerating CPI figures. Marketsnow are more certain of September cut. US Treasury yields fall, making traders lose interest in USD. The US Dollar measured by the DXY index slipped further on Thursday, mainly due to the decelerating inflation figures from the US Consumer Price Index , which makes an even better case for a September interest rate cut by the Federal Reserve .

US Dollar FAQs What is the US Dollar? The US Dollar is the official currency of the United States of America, and the ‘de facto’ currency of a significant number of other countries where it is found in circulation alongside local notes. It is the most heavily traded currency in the world, accounting for over 88% of all global foreign exchange turnover, or an average of $6.6 trillion in transactions per day, according to data from 2022.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 14. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

US Dollar rises as market awaits FOMC cluesOn Tuesday, the US Dollar Index (DXY) saw an upward trend toward the 105.36 area.
Fonte: FXStreetNews - 🏆 14. / 72 Consulte Mais informação »