Stocks take a breather, Fed rate-cut drumbeat weighs on dollar

Fed rate-cut drumbeat pegs back dollar; Asian stocks take a breather

The U.S. dollar was under pressure on Thursday as traders piled into wagers that the Federal Reserve will resume cutting interest rates next month, powering bitcoin to a record high, while a blistering rally in global stocks took a breather.

Source link

Visited 1 times, 1 visit(s) today

Leave a Reply

Your email address will not be published.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