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globalreutersMay 17, 20241 Mins read
Forecasting the Coming Week: Fedspeak and FOMC Minutes should rule the sentiment
globalreutersMay 17, 20241 Mins read The Greenback lost further ground and dropped to multi-week lows on the back of rising expectations of interest rate cuts by the Fed, a view that was further reinforced by lower US CPI data in April The Greenback remained on the back foot and dragged the USD Index (DXY) to the 104.00 zone amidst an equally downward move in US yields.
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This article was written by Greg Michalowski at www.forexlive.com.
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