Tag: Federal Reserve
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US Dollar Hovers Near Multi-Month Lows as Markets Await Key PMI Data
The US dollar remained under pressure near multi-month lows as currency traders prepared for a fresh batch of global business activity data, including key Purchasing Managers’ Index (PMI) figures from the United States, eurozone and United Kingdom. The weakness in the greenback came after a sharp midweek decline, with investors reassessing the outlook for US…
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