US dollar mixed after inflation report supports smaller Fed rate cut
The US dollar was mixed overall on Wednesday (Sep 11) in choppy trading after data showed underlying inflation in the world's largest economy rose in August, reinforcing expectations that the Federal Reserve will likely implement a smaller 25-basis-point interest rate cut option next week.
Though Treasurys are attractive for their safe-haven repute, several analysts voiced concern that this is at risk. US ...
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Although many countries would like to see an alternative to the US dollar, its dominance is unlikely to come to an end anytime soon.
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THE Philippine peso continued to strengthen for the fourth straight day breaking through the P55 to the dollar level since ...
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