TODAY'S MARKET INTELLIGENCE
US-Iran Talks Weaken Dollar; Strong GDP Limits Decline
English summary
The US Dollar Index fell for a third consecutive day as renewed US-Iran diplomatic contacts reduced safe-haven demand and lowered expectations for a December Fed rate hike. Despite resilient economic data including better-than-expected Q3 GDP, in-line core PCE, and lower initial jobless claims, geopolitical easing dominated the short-term downward trend.
The English text is machine translated and may require verification against the Chinese version.
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