Odaily Planet Daily News The dollar continued its rise from last week, as the market expected the Fed to maintain a gradual pace of rate cuts, which generally supported the dollar. The DXY dollar index on the intercontinental exchange rose by 0.3%, erasing about two months of decline. The Wall Street Journal's dollar index rose by 0.4%, also returning to the level of August. The dollar rose by 0.5% against the yen and by 0.3% against the euro. The indicators announced this week are unlikely to change the prospect of the Fed lowering interest rates by 25 basis points next month. (Jinshi)
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Dolar yükselmeye devam ediyor, Fed'in faiz indirimine dikkatli olması bekleniyor
Odaily Planet Daily News The dollar continued its rise from last week, as the market expected the Fed to maintain a gradual pace of rate cuts, which generally supported the dollar. The DXY dollar index on the intercontinental exchange rose by 0.3%, erasing about two months of decline. The Wall Street Journal's dollar index rose by 0.4%, also returning to the level of August. The dollar rose by 0.5% against the yen and by 0.3% against the euro. The indicators announced this week are unlikely to change the prospect of the Fed lowering interest rates by 25 basis points next month. (Jinshi)