TechFlow, on August 29, according to Jinshi Data, the US July PCE inflation data met expectations, driving the dollar to extend its gains. Meanwhile, markets are closely watching former US President Trump's attempts to pressure the Federal Reserve into cutting interest rates.
Federal Reserve Governor Waller reiterated his dovish stance. Marc Chandler, Managing Director at Bannockburn Global Forex, said he supports a Fed rate cut in September amid worsening labor market conditions, while advocating to ignore price pressures related to tariffs.
Add to Favorites
Share to Social Media
