The dollar reached its lowest level since the end of July on Monday, influenced by expectations regarding the U.S. labor market data.
Sanziana Georgescu
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Economy
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On Monday, the dollar fell to 97.71 points, the lowest level since July 28, amid expectations for key U.S. labor market data. The dollar index recorded a monthly decline of 2.2%, and markets estimate a 90% probability of an interest rate cut in September. The euro and the British pound rose, while the Chinese yuan slightly recovered. Investors are also watching political and trade tensions, including a court ruling related to tariffs imposed by Trump.
Sources
Dolarul american a coborât luni la minimul ultimelor cinci săptămâni, înaintea datelor privind piaţa muncii din SUA
Dolarul american a coborât luni la minimul ultimelor cinci săptămâni, înaintea de publicarea datelor ce privesc piaţa muncii din SUA
Dolarul american a coborât luni la minimul ultimelor cinci săptămâni, înaintea datelor privind piaţa muncii din SUA
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