💨 Abstract

The dollar fell against the euro on Tuesday, but remained near a 2-year high as cooler-than-expected U.S. inflation readings provided little assurance for interest rate cuts. Traders are now pricing the first rate cut in September, less than the 50 basis points the Fed projected in December. The focus remains on President-elect Donald Trump's policies, which are expected to boost growth and price pressures. The dollar index slipped 0.0

Courtesy: theprint.in

Summarized by Einstein Beta 🤖