The U.S. Dollar is strengthening ahead of tomorrow’s GDP revision, with a 0.5% average gain as odds of a Fed rate cut in September drop to 87%. Fed commentary highlights division on monetary policy, bolstering the Dollar. Tomorrow’s GDP revision, expected to rise from 3.0% by 0.2-0.3%, could drive further Dollar gains.
JP has almost 30 years of experience in the financial sector, specializing in international payments and foreign currency exchange. His wealth of experience and excellent leadership bring Monex to new heights! Learn more about JP in our currency corner
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