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EURUSD and GBPUSD Soar as Fed Eases Outlook; Oracle Earnings Weigh on Tech and Crypto

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Fed's less hawkish stance and Treasury bill purchases eased dollar pressure, boosting EURUSD and GBPUSD.
  • Risk-off sentiment dragged tech stocks and cryptos down, while rates steady and Aussie employment weakness weighed on risk assets.
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EURUSD price history

1.16 -0.85% over the displayed period

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