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Dollar fell broadly following weaker-than-expected US inflation report for May, reinforcing the narrative that consumer prices have not yet felt the full brunt of tariff pressures. The data offered some relief that the feared pass-through from tariffs to end consumers hasn’t materialized, at least not yet. However, it wasn’t enough to shift expectations for the […]

The post Dollar Drops on CPI Miss; Trade Optimism Offers Limited Support appeared first on Action Forex.

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Yen Rebounds as Japan and South Korea Signal Readiness to the Region’s Currency Markets
08/11/2024

Yen Rebounds as Japan and South Korea Signal Readiness to the Region’s Currency Markets

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