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The dollar weakened, nearing its lowest point in a week. Traders anticipate two more US interest rate cuts this year. This is despite Federal Reserve Chair Jerome Powell's cautious stance on further easing. The dollar index saw a drop this week. Market bets are on quarter-point rate cuts at the remaining Fed policy meetings.
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News and Media
Gold prices remained stable near record highs. Investors are carefully analyzing Jerome Powell's remarks on potential interest rate cuts. They are also awaiting a key inflation report. The dollar's weakness made gold more affordable. NATO cautioned Russia regarding airspace violations. Other precious metals like silver saw little change. Markets anticipate possible rate cuts later this year.
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News and Media
TikTok says it will introduce measures to "strengthen our platform" although it disputes some of the findings.
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News and Media
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