July 21, 2024
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US Dollar Rallies Following Robust Services Sector Data

A Surge in the Greenback Amid Economic Fluctuations NEW YORK/MILAN: The U.S. dollar experienced an upswing on Wednesday, spurred by unexpectedly strong data from the services sector, underscoring the ongoing uncertainties regarding the Federal Reserve’s anticipated easing cycle later this year. The Institute for Supply Management (ISM) revealed that its nonmanufacturing purchasing managers index (PMI)

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