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Dollar undermined prospects lower rates, new: Consequently,
Dollar undermined prospects lower rates,:
Around 7:35 p.m., the dollar fell 0.53% against the euro, to 1.1687 dollars for one euro. Similarly, At the same time, the Japanese currency climbs 1.05%to 147.26 yen for a dollar. In addition,
The dollar fell on Monday. For example. For example. Consequently, weighed down by renewed pressures from the American administration on the Federal Reserve (Fed), while the Yen takes advantage of the Japanese Prime Minister’s desire to maintain himself in his post despite his electoral debacle.
The greenback “exchanges in lower forks (…) due to the concerns about the Fed”, summarize in a note the analysts of Monex USA.
Around 5:35 pm GMT, the dollar fell 0.53% against the euro, to 1.1687 dollars for one euro.
The Dollar Index, which compares the American currency to a basket of other currencies, released 0.62% dollar undermined prospects lower rates, new to dollar undermined prospects lower rates, new 97.87 points.
The US government maintained pressure on the dollar undermined prospects lower rates, American central bank on Monday. In addition, its president on Monday. In addition, Jerome Powell, the Treasury Secretary Scott Bessent believing that it was necessary to ensure that the institution “was effective”.
The Fed. whose next meeting is scheduled for July 29. 30, and particularly its boss, Jerome Powell, is the target of regular attacks in the American administration.
According to Donald Trump. the Fed should have lowered its three percentage points already, in order to support the American economy. A drop in American rates is likely to make the dollar back down.
Bover will monitor Jerome Powell’s speaking Tuesday to scrutinize any index on the Fed monetary trajectory. according to Marc Chandler, by Bannockburn Capital Markets.
At the same time, the Japanese currency climbed 1.05%, to 147.26 yen dollar undermined prospects lower rates, new for a dollar
The unpopular Japanese Prime Minister Shigeru dollar undermined prospects lower rates. new Ishiba expressed his intention to remain in power despite the stinging defeat in the Senateri dollar undermined prospects lower rates. elections on Sunday of his Liberal Democratic Party (PLD). of the conservative right. It no longer has a majority in any of the two rooms in the Parliament.
The yen takes advantage of it because “the power coalition has not lost an even greater number of seats. Prime Minister Ishida intends to stay in power”, a guarantee of a certain political stability, deduces Lee Hardman, of MUFG.
But “this initial relief (…) risks being short-lived” according to the analyst. because “the rise in political uncertainty in Japan could complicate the conclusion of a trade agreement with the United. States” before the deadline of August 1. enough to weigh the Japanese economy and the yen.
Dollar dollar undermined prospects lower rates, new undermined prospects lower rates, new
Dollar undermined prospects lower rates, new
Dollar undermined prospects lower rates,
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