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Summary The FOMC surprised some market participants today by reducing the target range for the federal funds rate by 50 bps. Concerns about the state of the labor market appear to have been the primary driver of the 50 bps move. But the FOMC signaled that it may not necessarily follow today’s 50 bps rate […]

The post FOMC Starts Easing Cycle With a Bang appeared first on Action Forex.

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19/07/2024

EUR/USD Experiences Sharp Decline: Risk Appetite Heightens

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04/12/2023

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