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Soft U.S. economic data and expectations of Fed rate cuts push the euro to a seven-week high versus the dollar, while uncertainty around the next Fed Chair fuels dollar weakness and supports further …
US inflation rose slightly less than expected, supporting bets on Fed rate cuts. EURUSD edged up modestly amid stable dollar and stronger Eurozone business activity data.
US inflation rose less than expected, supporting market expectations for upcoming Fed rate cuts. Eurozone business activity grew unexpectedly, slightly boosting the euro. US stocks hit record highs a…
Euro steadied near $1.1612 as eurozone business activity increased unexpectedly; markets await U.S. CPI data amid easing US-China tensions and Fed rate cut expectations.
The euro steadied near $1.1611 as stronger Eurozone business activity lifted bond yields. Market focus remains on upcoming U.S. inflation data and Fed rate cuts, while trade tensions and AI sector ea…