Dollar Steadies as Traders Eye Fed Rate Cut; Yen Strengthens, Precious Metals Surge
The U.S. dollar stabilized on Tuesday after a four-day slide, as market participants ramped up expectations that the Federal Reserve will implement a significant half-point interest rate cut at Wednesday’s meeting. The currency had been under pressure as traders grappled with mixed U.S. economic data highlighting weakening growth but persistently elevated inflation which has left […]
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