US inflation cooled in Q2 as did economic growth, opening the door to a rate cut later this year. US yields have likely peaked, leaving the dollar vulnerable to a dovish repricing
Forex Update: As of 20:00, these are your best and worst performers based on the London trading schedule: 🇦🇺AUD: 0.36% 🇨🇦CAD: 0.16...later this year. However, a strong economy means the US public may have to wait longer than other developed countries before it can start to lower interest rates.
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