Traders Watching Closely as Dollar Weakens and Yen Surges Amid US Rate Cut Expectations
Key Takeaways 💰 Weaker-than-expected U.S. jobs data and disappointing earnings reports have led to a global sell-off in stocks, oil, and high-yielding currencies as investors turn to cash for safety 📉 U.S. Treasury yields have been falling sharply following Fed Chair Jerome Powell’s hint at a possible rate cut in September, with stock indexes in … Read more