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Dollar saw only a temporary uplift from stronger-than-expected CPI figures from the US. The greenback reverted to pre-release levels, while stock futures rebounded. Traders appeared to be refraining from taking decisive bets. This reaction suggests that the inflation data, despite being higher than anticipated, may not be sufficiently influential to deter Fed from cutting interest […]

The post Dollar Hesitates after Stronger than Expected CPI, Sterling Lower on Job Data appeared first on Action Forex.

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