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The dollar index remains firmly in red and holding near fresh four-month low in early trading on Thursday, following post-Fed 1.2% fall on Wednesday (the biggest daily drop since Nov 14). The greenback was deflated by signals that the Fed’s historic policy tightening cycle is likely over, and projections show that borrowing cost would fall […]

The post Dollar Index: Hits Four-Month Low, Deflated by Dovish Fed appeared first on Action Forex.

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29/05/2024

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