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EURUSD and GBPUSD Rebound as Weak US Jobs Data Spurs Fed Rate Cut Bets

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

News Summary

  • Weak U.S.
  • jobs data fueled bets on a Fed rate cut in December, weakening the dollar and supporting EURUSD and GBPUSD, while USDCAD remains neutral amid mixed risk sentiment and no direct catalyst.
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EURUSD price history

1.15 -1.71% over the displayed period

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