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Dollar is gaining some traction, emerging as the strongest currency of the week so far. Several factors are underpinning this momentum. First, Fed Chair Jerome Powell has reaffirmed the expectation of two additional rate cuts this year, adhering to the script established in the latest dot plot. This stance has tempered market speculation about another […]

The post Dollar Advances with ISM Services Data Looming, Swiss CPI on Watch appeared first on Action Forex.

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UK Inflation Data Triggers Sterling Slump and Shift in BoE Rate Cut Expectations

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