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EURUSD and GBPUSD Rally Ahead of Fed Rate Cut as RBA Dismisses Further Easing

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

News Summary

  • The Fed is widely expected to cut rates on December 9, boosting the euro and British pound while the US dollar steadies.
  • The RBA ruled out rate cuts, lifting the Australian dollar, and a Japan earthquake temporarily bolstered the yen amid risk-off sentiment.
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EURUSD price history

1.15 -0.86% over the displayed period

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