The Daily Market Update highlights the U.S. Dollar's steady performance amid doubts about a September interest rate cut by the Federal Reserve, driven by persistent inflation and strong consumer spending. Core PCE rose 2.9% year-over-year, and markets await the University of Michigan Consumer Sentiment survey for further insights. Monex USA will be closed on September 1st for Labor Day.
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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