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The dollar eased to a 3-day
low against a basket of currencies on Thursday as the previous
session s risk aversion-led lift for the U.S. currency faded and
traders braced for Friday s U.S. inflation. -December 21, 2023 at 10:59 am EST
- MarketScreener
NEW YORK :The dollar eased to a 3-day low against a basket of currencies on Thursday as the previous session's risk aversion-led lift for the U.S. currency faded and traders braced for Friday's U.S. inflation figures for clues to the path of future Fed policy.Wall Street's main indexes opened higher on Thursd
The Federal Reserve s dovish December pivot has boosted the case for the weakening dollar to keep falling into 2024, though strength in the U.S. economy could limit the greenback s decline.
The Federal Reserve s
dovish December pivot has boosted the case for the weakening
dollar to keep falling into 2024, though strength in the U.S.
economy could limit the greenback’s decline. .