Bloomberg News
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Dollar to Weaken if Fed Cuts Interest Rate
Posted
July 11, 2019
Views
3,009
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15
Comments
12
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July 11, 2019
3,009
15
12
0.90%
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Jul 11, 20190:47Now PlayingAn interest cut signaled by Fed Chair Jerome Powell will likely weaken the U.S. dollar. Global growth is expected as U.S. exports drop in price and multinational profits climb. Interest rates will likely stabilize long-term as trade relations between the U.S. and China are normalized. Insights via @CMEGroup
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