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Breaking Forex News!
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12/07/24
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The dollar is weakening as markets anticipate Fed rate cuts. EUR/USD hovers around 1.0500, while GBP/USD stays below 1.2700, awaiting key central bank speeches. USD/JPY breaks 150 as US Treasury yields fall, and the Indian rupee strengthens.
Today’s packed agenda includes US jobs data, ISM Services PMI, and Eurozone inflation updates. Plus, Fed Chair Powell’s speech could set the tone for the dollar.
Gold holds steady, and Bitcoin is near $95,700. 📊
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