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EURUSD Slides on Softer US Inflation Data Boosting Fed Rate Cut Hopes

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

News Summary

  • US January inflation data came in softer than expected, raising hopes for Federal Reserve rate cuts and causing the US dollar to edge higher while EURUSD declined slightly.
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Stored market data

EURUSD price history

1.15 -1.71% over the displayed period

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