Hong Kong, June 27, 2025 (AFP) - Dollar holds losses on rate cut bets, trade hope boosts stocks

NAMPA / AFP

2025-06-27

The dollar held around three-year lows Friday as traders ramp up bets on US interest rate cuts, while most stock markets rose on hopes Donald Trump will further delay imposing tough tariffs. With the Israel-Iran ceasefire holding for now, investors were able to turn their attention back to the economy and the US president's trade war. Bets on a Federal Reserve rate cut jumped this week after Trump said he had candidates in mind to succeed boss Je......

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