US dollar mixed, markets eye Fed cuts after soft inflation data

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NEW YORK/LONDON : The U.S. dollar was narrowly mixed on Wednesday, with no definitive direction, after data showed producer prices unexpectedly fell in August, cementing expectations that the Federal Reserve will resume cutting interest rates later this month. The dollar was slightly down against the yen at 147.31 following the data, while the euro was flat at $1.1706. Before the data, the U.S. currency was trading moderately up on the day against both currencies. A Labor Department report

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US dollar mixed, markets eye Fed cuts after soft inflation data https://www.channelnewsasia.com/ - 10.09.2025 22:37

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US dollar mixed, markets eye Fed cuts after soft inflation data https://www.channelnewsasia.com/ - 10.09.2025 22:37