US Dollar Weakening as Revised Data Shows Slower Economic Growth
Key Takeaways: 💵 Dollar fell after revised data showed slower GDP growth in the US 📉 Downgrade in first-quarter growth contributed to easing bets on Fed interest rate cuts 📈 Long-term Treasury yields above 4.6% boosted U.S. debt attractiveness and pushed the dollar higher 💴 Dollar was down against the Japanese yen, near a critical … Read more