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US Dollar Forecast: Falls as Traders Eye July Fed Cut - GBP/USD and EUR/USD
Source: Buzz FX / 18 Apr 2025 03:11:27 America/Chicago
The US Dollar Index (DXY) slipped to 99.40 despite hawkish remarks from Fed Chair Jerome Powell and firm labor data. Powell warned that persistent inflation amid economic slowdown could trigger stagflation, briefly supporting the dollar.
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