The major dollar pairs, particularly USD/JPY and USD/CAD, remain under moderate pressure as market participants react to a softer US inflation backdrop and heightened expectations of a Federal Reserve rate cut at the upcoming meeting. Additional downward pressure on the greenback stems from US Treasury Secretary Scott Bessent’s remarks, in which he allowed for a […]
The post Dollar Moderately Declines Amid Expectations of a Fed Rate Cut appeared first on Action Forex.
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