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Currency: The dollar is wobbling

05/09/2024
Source : ORISHAS-FINANCE
Categories: Economy/Forex

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The dollar fell on Thursday. Operators are increasingly betting on a significant drop in Federal Reserve interest rates later this month

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The American dollar remained behind in the first exchanges in Asia, with the euro stable at 1.1083 dollars. The pound sterling remained stable at 1.3147 dollars. Compared to a basket of currencies, the greenback fell slightly to 101.25. In other currencies, the Australian and New Zealand dollars were weakened by the risk mood on Thursday. The yen particularly stood out due to the demand for safe havens, as concerns about the growth prospects of the American economy resurfaced

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