💨 Abstract

The dollar stabilized on Wednesday after a recent rally, as investors assess the U.S. interest rate outlook. The New Zealand dollar dropped to its lowest since August after the Reserve Bank of New Zealand cut interest rates and signaled further easing. Investors await minutes from the Federal Reserve's September meeting and U.S. inflation data this week, which could influence the dollar's direction. Meanwhile, the yen remained volatile due to election uncertainty in Japan and the U.S

Courtesy: theprint.in

Summarized by Einstein Beta 🤖