Friday , 8 November 2024
Home Forex US Dollar rebounds after Fed’s 25 bps cut
Forex

US Dollar rebounds after Fed’s 25 bps cut

The US Dollar Index (DXY) rebounded somewhat after the Federal Reserve (Fed) cut its benchmark interest rate by 25 basis points, bringing it to 4.50%-4.75%.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Japan finance minister Kato: will take appropriate steps on excess FX moves

Japan finance minister Kato: will take appropriate steps on excess FX movesWon't...

Japan fin min Kato says will closely monitor impact of Trump’s policies on Japan’s economy

Japan finance minister Kato:will closely monitor impact of Trump's policies on Japan's...

Federal Reserve speakers on Friday include Bowman and Musalem

Bowman dissented at the FOMC prior to this week's. No dissent at...

Australian Dollar loses ground as US Dollar appreciates due to Trump’s tariff threat

The Australian Dollar (AUD) edges lower against the US Dollar (USD) on...