ru24.pro
News in English
Сентябрь
2024

Dollar wobbles on rising bets of outsized Fed rate cut

0
The dollar fell on Thursday as traders anticipated a significant rate cut from the Federal Reserve due to concerns over the U.S. economy's growth outlook. The yen strengthened on safe-haven demand, while U.S. job openings hit a 3-1/2-year low, indicating a cooling labor market. Focus remains on Friday's nonfarm payrolls report.