US Dollar Declines Against Euro and Swiss Franc Amid Fed Rate Discussions

Reported about 11 hours ago

The U.S. dollar weakened against both the euro and Swiss franc as investors responded to comments from Federal Reserve officials regarding monetary policy. After several days of gains, the dollar fell 0.38% against the Swiss franc while analysts noted the upcoming core Personal Consumption Expenditures inflation data as a key factor influencing market sentiment. The euro rose 0.44% against the dollar, indicating a potential shift in market dynamics as traders navigate a light economic week and await further Fed speeches.

Source: YAHOO

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