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Global FX Market Summary: US Dollar Weakness, Mixed US PMI Data 21 February 2025 - FinanceFeeds

Summary by FinanceFeeds

US Dollar weakened due to disappointing economic data and falling Treasury yields, with jobless claims rising and PMI signalling slowing service sector momentum. US Dollar Weakness and Market Reactions The US Dollar (USD) faced heavy selling pressure, driven by disappointing economic data and falling Treasury yields. The US Dollar Index (DXY), which measures the currency against a basket of major counterparts, declined sharply as the weekly Init…

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Dollar price in Peru rose, today February 21, after weak data in the US.

After several days of relative stability, the financial markets experienced an upturn in volatility, which led Wall Street's main indices to close with losses. According to BBVA FX Strategy, this movement is not due to a single triggering factor, but to a number of elements that have accumulated market pressure. Analysts point out that the publication of the most recent Federal Reserve minutes did not bring significant new developments, which ha…

2 days ago

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