Published 8 hours ago

U.S. Dollar Dips Amid Fed Caution and Trade Tensions

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U.S. Dollar Dips Amid Fed Caution and Trade Tensions The U.S. dollar fell on Tuesday as Federal Reserve Chair Jerome Powell announced plans to keep short-term interest rates steady, reflecting a strong American economy and consistent inflation levels. Traders remained cautious, anticipating further developments regarding potential trade tariffs by U.S. President Donald Trump.Powell, in his Senate Banking Committee testimony, emphasized the value…

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U.S. Dollar Dips Amid Fed Caution and Trade Tensions

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