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EURUSD Soars as Fed Cut Bets Weaken Dollar, Euro Hits Multi-Year High

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

News Summary

  • Markets pared gains ahead of an expected Fed rate cut; dollar weakened, euro rose to its highest since Sept 2021 at $1.1862, sterling climbed, yields fell, gold hit record highs, and oil gained on supply concerns.
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Stored market data

EURUSD price history

1.15 -1.71% over the displayed period

Advisor Snapshot

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