Dollar Slumps to Eight-Month Low as China's Stimulus Measures Fuel Global Optimism 1

Dollar Slumps to Eight-Month Low as China’s Stimulus Measures Fuel Global Optimism

The U.S. dollar slid to its lowest level in eight months on Wednesday, weighed down by fresh stimulus efforts from China and softening economic data in the U.S. China’s central bank made a bold move by slashing the interest rate on its one-year policy loans by the largest margin on record, injecting a fresh wave […]

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