Dollar Expects Rate Cut to Year's Lows

The US currency fell against the euro and the yen after the wave of selling in the market dissipated.

The dollar hit its lowest level since the start of the year yesterday as investors prepared for the Federal Reserve to initiate an interest rate cut.

The US currency has fallen 2.2% this month against a basket of currencies.

To continue reading, go Premium
Try it for €1 for the first month

and enjoy unlimited access to all of Expansion's web content


Or sign up with your Google account in two clicks



Source link

Leave a Comment

cca cca cca cca cca cca cca cca cca cca cca cca cca cca