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Binance News
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Dollar Gains After PCE Data, Reversing Half of Buyback Losses
The dollar rose by the most in nearly four weeks, recovering about half of the losses sparked by Treasury Secretary Scott Bessentâs surprise move last week to support the bond market, according to Bloomberg.
The move came after inflation data bolstered bets that the Federal Reserve will start raising interest rates by year-end.
The move came after inflation data bolstered bets that the Federal Reserve will start raising interest rates by year-end.
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