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https://www.fxstreet.com/news/us-dollar-sinks-to-mid-summer-low-as-bulls-unwind-positions-ahead-of-pce-inflation-202312221230
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US Dollar sinks in final trading hours ahead of Christmas with all bets on quick Fed rate cuts - FXStreet
12/22/23 at 3:10pm
Organization
FXStreet
Author
Filip Lagaart
Details
59 words
Summarize
Business & Industrial
Currencies & Foreign Exchange
U.S.
Christmas
Fed
The US Dollar (USD) is facing increasing selling pressure as investors are increasingly pricing in interest-rate cuts for early 2024. Markets are opting to ignore remarks and warnings from several US Federal Reserve officials, who are trying to play
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