The USD under pressure as the anxiety over the US economy increases - London Business News | Londonlovesbusiness.com
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from London Business News | Londonlovesbusiness.com6 months ago
The U.S. dollar faced pressure due to weak manufacturing data, provoking fears of an economic downturn and leading to a sell-off in risk assets.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/the-usd-under-pressure-as-the-anxiety-over-the-us-economy-increases/
Investors await crucial economic reports, with expectations of a slight dip in the Services sector, though non-farm payroll figures are likely to rise.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/the-usd-under-pressure-as-the-anxiety-over-the-us-economy-increases/
A robust non-farm payroll reading could support the U.S. dollar and treasury yields, impacting the yen's potential for appreciation.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/the-usd-under-pressure-as-the-anxiety-over-the-us-economy-increases/
Market speculation revolves around possible aggressive interest rate cuts, creating volatility in treasury yields.
London Business News | Londonlovesbusiness.comhttps://londonlovesbusiness.com/the-usd-under-pressure-as-the-anxiety-over-the-us-economy-increases/
Read at London Business News | Londonlovesbusiness.com
#us-dollar #economic-data #manufacturing #risk-assets #interest-rates
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