U.S. Dollar Slips as Markets Eye Fed Rate Cuts and Anticipate U.S. Labor Data
The U.S. dollar has been under pressure, with a 5% decline from its 2024 highs as investors bet on the Federal Reserve cutting interest rates in its upcoming September meeting. The anticipation of rate cuts follows a period of robust U.S. economic performance that had kept the dollar strong. However, with inflation cooling and the […]