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EURUSD Dips Amid Soft US Inflation and Fed Rate Pause Expectations; Yen Soars on Japan Election

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

News Summary

  • The US dollar remained mostly flat after January inflation data showed a smaller increase, suggesting the Fed may hold rates.
  • The yen gained strongly following Japan’s election, while EURUSD fell slightly but was set for weekly gains.
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Stored market data

EURUSD price history

1.15 -1.71% over the displayed period

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