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The US dollar is fluctuating as Federal Reserve Chair Jerome Powell's comments hint at a rate cut in September. Interest rate futures suggest a potential 75bp cut by year-end. Traders are focusing on the possibility of rate cuts as early as September.
US dollar wobbles with Fed rate cuts back in view https://t.co/5ASCUE9GDP via @Reuters
Dollar wobbles with Fed rate cuts back in view https://t.co/ApdM6l4rNf https://t.co/FHbmVf1yZg
🔵 DOLLAR WOBBLES WITH FED RATE CUTS BACK IN VIEW The dollar was mixed on Wednesday after a modest but short-lived boost following better-than-expected U.S. retail sales data, as traders focused on the prospect of Federal Reserve rate cuts as early as September. Full Story via…
