Cryptocurrency Q&A
Why is the dollar weakening?
Why is the dollar weakening?
StormGlider
Thu Oct 24 2024
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6 answers
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I've been noticing that the dollar has been weakening in value recently. I'm curious to understand the reasons behind this trend. Could it be related to economic policies, global market conditions, or something else entirely?
6 answers
Filippo
Sat Oct 26 2024
The reason behind this decline was a disappointing employment report for July.
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Sara
Sat Oct 26 2024
The report indicated that employment growth was weaker than anticipated.
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CryptoChieftain
Sat Oct 26 2024
This weaker-than-expected report led to increased expectations among investors.
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KiteFlyer
Sat Oct 26 2024
On August 2, Reuters reported from New York that the U.S. dollar experienced a significant decline.
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Valentino
Sat Oct 26 2024
Many now believe that the Federal Reserve will cut interest rates by 50 basis points in September.
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