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Dollar Rally Pauses, Yuan Slides to Year’s Low in Subdued Markets

Dollar Rally Pauses, Yuan Slides to Year’s Low in Subdued Markets
Asian market trading is subdued today, with Dollar retreating as its recent rally began to lose steam. Notably, overnight remarks from Fed officials didn’t provide any fresh cues, reinforcing expectations of a pause in rate hike this month. However, the door remains open for a subsequent rate hike, contingent on incoming data. All eyes now […] The post Dollar Rally Pauses, Yuan Slides to Year’s Low in Subdued Markets appeared first on Action Forex... Read More
Posted: Sep 8 2023, 05:48
Author Name: actionforex
Views: 111538

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