Global Market Update: US Dollar Strengthens on Positive Data and Fed Rate Cut Comments, Sensex Surges 500 Points, Canadian Dollar Slips on Hawkish Fed Stance
Key Takeaways: πΉ USD rose after mixed U.S. data, indicating strong economic ground ποΈ Fed likely to delay first interest rate cut since 2020 π Finance chiefs’ warning on sharp decline in yen and won had brief impact on the dollar π U.S. manufacturing activity expanded, strengthening the economy π U.S. existing home sales fell … Read more