Forex
globalreutersNovember 27, 20241 Mins read
US Dollar retreats after GDP, PCE data meets forecast
globalreutersNovember 27, 20241 Mins read In Wednesday’s session, the US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, ticked 1% lower as markets assess the release of high-tier economic data including a Personal Consumption Expenditures (PCE) reading, the Federal Reserve’s (Fed) preferred gauge of inflation.
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