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Fed Chair Jerome Powell’s highly anticipated speech at Jackson Hole didn’t disappoint market participants, as he clearly signaled that the time for easing monetary policy has arrived. This declaration provided a notable boost to US stock markets on Friday, with major indexes ending the week on a positive note. Meanwhile, Dollar tumbled across the board, […]

The post Dollar at Risk of Resuming Medium-Term Downtrend as Fed Confirms Rate Cuts Ahead appeared first on Action Forex.

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