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EURUSD Soars as PPI Slip Raises Odds of Fed 25bp Cut

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

News Summary

  • US producer prices unexpectedly fell in August, boosting expectations of a 25bp Fed cut and weighing on the dollar.
  • EURUSD hovered near $1.1706 as markets await Thursday's CPI; geopolitical tensions add to near-term volatility.
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EURUSD price history

1.16 +0.00% over the displayed period

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