Citi: Forecast for first Fed rate cut changed to September from July
Federal Reserve Chairman Jerome Powell tweeted that he will announce on July 13 that his administration will take urgent action to prevent Republicans from passing a stimulus package by November 1st.
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The British pound drops over 0.9%, and the euro falls more than 0.3%.
US Dollar Index Rises 0.29% on May 14
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MoreThe British pound drops over 0.9%, and the euro falls more than 0.3%.
New York silver futures prices fell below $84 per ounce, with a daily drop of 6.03%. As a major trading product in the precious metals market, short-term sharp fluctuations in silver prices are usually affected by multiple factors including movements in the US dollar, market risk appetite, overall trends in commodities, and expectations regarding relevant policies. The future trend is also worth continuous attention from market participants.
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