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EURUSD Soars as Fed Easing Bets Rise After Powell Speech and Weak US PMIs

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The Story

News Summary

  • Markets priced stronger Fed easing after Powell's guarded remarks and soft US PMIs, stabilising the dollar and lifting risk assets; traders ramped up rate-cut bets, while Asian stocks slipped and gold hit a record high.
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EURUSD price history

1.16 +0.00% over the displayed period

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