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The dollar stabilizes as traders await the U.S. core PCE inflation data, with market bets on a Fed rate cut solidifying, causing the greenback to retreat from recent highs. Bollywood Fever: The U.S. dollar...
The euro falls as France’s election results indicate a hung parliament. The dollar remains weak following soft U.S. payrolls data, while the yen and sterling make gains. Bollywood Fever: The euro slipped on Monday...
Chinese State-Owned Banks Reduce U.S. Dollar Deposit Rates, Deny Government Interference Allegations Major Chinese state-owned banks have recently decreased the interest rates on U.S. dollar deposits. Despite these actions, they have categorically denied allegations...
