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Dollar Gains Momentum as ECB, Fed Decisions Loom: EURUSD, GBPUSD Outlook

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The Story

News Summary

  • Robust US retail sales and falling jobless claims bolster the dollar ahead of the Fed and ECB meetings.
  • ECB expected to hold rates at 2.25%, while BoE likely keeps rates steady amid sticky UK inflation, limiting GBP downside.
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EURUSD price history

1.16 +0.00% over the displayed period

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