Dollar wobbles on rising bets of outsized Fed rate cut
The U.S. dollar slipped on Thursday as traders increased their bets on a significant rate cut from the Federal Reserve later this month. The Japanese yen outperformed, benefiting from safe-haven demand as concerns over the U.S. economy’s growth outlook re-emerged. Global markets have been on edge, with stocks taking a hit after weaker-than-expected U.S. data […]
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