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Dollar Holds Steady Versus EURUSD and GBPUSD as Fed Minutes Signal Patience on Rate Moves

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

News Summary

  • Fed minutes indicate no urgency to cut rates soon, suggesting possible hikes if inflation remains high.
  • The dollar stabilizes against the euro and yen, while GBPUSD holds steady amid cautious ECB and Fed outlooks ahead of key economic data.
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EURUSD price history

1.16 -0.85% over the displayed period

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