Global Market Insights - Forex, Futures, Stocks

Dollar stays weak as Fed rate cut bets increase

May 07, 2024 XM.com
Dollar stays weak as Fed rate cut bets increase
Global Market Insights - Forex, Futures, Stocks
More Info
Global Market Insights - Forex, Futures, Stocks
Dollar stays weak as Fed rate cut bets increase
May 07, 2024
XM.com

US labor market cools more than expected. Dollar slides as two rate cuts this year become more likely. Yen retreats as intervention momentum fades. Wall Street cheers prospect of lower interest rates.

Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.

Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en

Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning

Receive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlook

In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.

Show Notes

US labor market cools more than expected. Dollar slides as two rate cuts this year become more likely. Yen retreats as intervention momentum fades. Wall Street cheers prospect of lower interest rates.

Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.

Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en

Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning

Receive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlook

In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.