Dollar Slips As Investors React To Bessent’s Remarks On Fed Policy

The U.S. dollar weakened against major currencies on Friday, retreating after recent gains as disappointing economic data and comments from Treasury Secretary Scott Bessent fueled speculation about deeper Federal Reserve rate cuts. The greenback lost ground across the board, with the euro climbing 0.53% to $1.1705 and the British pound strengthening 0.77% to $1.3555, marking … Continue reading Dollar Slips As Investors React To Bessent’s Remarks On Fed Policy