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Dollar weakened broadly last weeks market expectations on Fed’s policy path shifted dramatically. The June US CPI report continued the narrative painted by the previous week’s Non-Farm Payroll data, both suggesting further cooling in economic activity and easing price pressures. These developments have firmly positioned a September Federal Reserve rate cut as a near certainty […]

The post Dollar Plummets as Markets Brace for Double or Even Triple Fed Rate Cuts This Year appeared first on Action Forex.

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Dollar Softens Post-PPI Release, Yet Selling Momentum Remains Limited

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Weaker China GDP Dampens Sentiment; ECB and Global Inflation Data Highlight the Week

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