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EURUSD Rebounds on Surprise PPI Drop; Fed Cut Odds Rise

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

News Summary

  • US PPI unexpectedly fell in August, lowering inflation pressures and cementing expectations of imminent Fed rate cuts, causing the dollar to slip and EURUSD to tick higher to 1.1711.
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Stored market data

EURUSD price history

1.15 -1.71% over the displayed period

Advisor Snapshot

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