Reported about 5 hours ago
The U.S. dollar remains weak near four-year lows against the euro and one-month lows against the yen as traders anticipate a likely 25 basis point interest rate cut from the Federal Reserve. Market attention is focused on comments from Fed Chair Jerome Powell post-decision, with expectations of future rate cuts. Despite positive retail sales data, concerns about a weakening labor market and rising prices due to tariffs create uncertainty about consumer spending strength.
Source: YAHOO