Dollar Weakens as Asia FX Firms Prepare for Potential Fed Rate Cut
Key Takeaways 💵 Most Asian currencies strengthened, while the dollar weakened 🇯🇵 Japanese yen performed well, rebounding and remaining near peaks 📉 Dollar index and futures both decreased in Asian trade 🛍️ Dollar slightly strengthened after robust retail sales data 📉 Expectations of Fed rate cut pushing dollar lower 🌏 Prospect of lower rates favor … Read more