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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
๐ต 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 viaโฆ
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.