US dollar mixed after inflation report supports smaller Fed rate cut
The US dollar was mixed overall on Wednesday (Sep 11) in choppy trading after data showed underlying inflation in the world's largest economy rose in August, reinforcing expectations that the Federal Reserve will likely implement a smaller 25-basis-point interest rate cut option next week.
Though Treasurys are attractive for their safe-haven repute, several analysts voiced concern that this is at risk. US ...
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2-Year U.S. Treasury Note Continuous Contract $104.313 0.008 0.01% 5-Year U.S. Treasury Note Continuous Contract $110.250 0.000 0.00% 10-Year U.S. Treasury Note Continuous Contract $114.734 ...
There is strong optimism for naira recovery in the foreign exchange market against the US dollar following decision taken by ...
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