EBC Daily Snapshot Sep 9, 2024

The dollar stayed in tight ranges Monday as investors awaited US inflation data for clues on the Fed's expected rate cut later this month.

EBC Financial Group
Typ: STP, ECN
Regulácia: FCA (UK), ASIC (Australia), CIMA (Cayman Islands)
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Dollar Weakens as Fed Cut Bets Grow | 9th September 2025

Dollar Weakens as Fed Cut Bets Grow | 9th September 2025

The dollar slid below 97.50 on Fed cut bets, lifting silver near $41.50, oil above $62, and supporting commodities. USD/JPY held near 147.00 despite Japan’s tariff relief, while the Nikkei consolidated after profit-taking. Markets remain data-driven, with U.S. CPI and Fed signals set to dictate the next move.
Moneta Markets | Pred 3 h 39 min