💨 Abstract

The U.S. dollar rebounded slightly from 11-week lows on Wednesday as U.S. Treasury yields climbed back from recent declines, sparked by weak economic data and tariff uncertainty. The Federal Reserve faces a bind between disinflationary impacts from policy uncertainty and potential tariff inflation. The euro, Canadian dollar, and Mexican peso were affected by trade tension, while the Australian dollar was affected by cooling inflation.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖