💨 Abstract

The U.S. dollar stabilized above a five-month low against major currencies on Tuesday, as investors wait for the Federal Reserve's economic projections amid global trade tensions concerns. The euro and yen held steady, with the yen giving up some safe-haven gains. The Fed is expected to maintain rates this week, and markets anticipate around 60 basis points of Fed cuts for the rest of the year.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖