Mixed Economic Data and Inflation Meet Forecasts, Impacting the US Dollar
===============
#e140b6a8 ver:0.73
Mixed economic data and inflation meet forecasts, impacting the US dollar. The US economy grew at a slower rate in Q1, increasing the likelihood of rate cuts starting in September. The dollar index stabilizes, while the yen remains unchanged. The euro slips and sterling remains steady. The US dollar is set for its first monthly decline in 2024. Investors await US inflation data for clues on the Fed's next move. The eurozone and Japan show different levels of inflationary pressure. The ECB is predicted to cut rates, while China's weak manufacturing activity affects the yuan. The US dollar faces continued volatility as economic conditions evolve. #USD #economy #inflation #ratecuts...
#newstr #UsDollar #Inflation #Gdp #RateCuts #GermanRetailSales #EurozoneCpi #JapaneseInflation #ChineseBusinessActivity
https://here.news/story/e140b6a8?ver=0.73
USD/JPY: Bullish Case Eroding as US Economic Data Disappoints /
npub1f7…k98xw
2024-05-31 19:56:50
Author Public Key
npub1f7w27z5zelppzvjwpw38hc32z4zgu2d46zx682yfulhgm9ywu3kqek98xwPublished at
2024-05-31 19:56:50Event JSON
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"content": "Mixed Economic Data and Inflation Meet Forecasts, Impacting the US Dollar\n===============\t\n#e140b6a8 ver:0.73\n\nMixed economic data and inflation meet forecasts, impacting the US dollar. The US economy grew at a slower rate in Q1, increasing the likelihood of rate cuts starting in September. The dollar index stabilizes, while the yen remains unchanged. The euro slips and sterling remains steady. The US dollar is set for its first monthly decline in 2024. Investors await US inflation data for clues on the Fed's next move. The eurozone and Japan show different levels of inflationary pressure. The ECB is predicted to cut rates, while China's weak manufacturing activity affects the yuan. The US dollar faces continued volatility as economic conditions evolve. #USD #economy #inflation #ratecuts...\n\n#newstr #UsDollar #Inflation #Gdp #RateCuts #GermanRetailSales #EurozoneCpi #JapaneseInflation #ChineseBusinessActivity \n\n https://here.news/story/e140b6a8?ver=0.73",
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