Dollar loses ground as Fed cut bets rise; yuan slides after PBOC

Dollar loses ground as Fed cut bets rise; yuan slides after PBOC

Upworthy

Published

The dollar ebbed on Monday as investors revived their bets of early rate cuts by the Federal Reserve, while the yuan fell to a one-month low after China's central bank surprised markets by keeping its medium-term policy rate steady. The People's Bank of China (PBOC) left interest rates unchanged…

#federalreserve #peoplebankofchina #sterling #treasury #chrisweston #cmefedwatch #bankofjapan #australian #newzealand #carolkong

Full Article