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EURUSD and GBPUSD Slip on Fed Rate Cut Bets as Japan's GDP Disappoints, Yen Retreats

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The Story

News Summary

  • Yen weakens after recent rally amid Japan’s slow GDP growth and BOJ's cautious rate outlook.
  • Dollar steady with U.S.
  • inflation data fueling expectations of Fed rate cuts later this year, while euro and pound slip slightly on soft momentum.
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EURUSD price history

1.16 +0.00% over the displayed period

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