Dollar Dips as Weak U.S. Economic News Bolsters Fed Rate-Cut Expectations

Dollar Dips as Weak U.S. Economic News Bolsters Fed Rate-Cut Expectations

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on Thursday fell by -0.51%. The dollar was under pressure Thursday due to weaker-than-expected U.S. GDP and Philadelphia Fed reports, which were dovish for Fed policy. Also, the strength in stocks on Thursday reduced liquidity demand for the dollar. Thursday’s U.S. economic news was mixed...

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