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Dollar eased in early U.S. session after the latest inflation report came in slightly softer than expected, reinforcing expectations of continued monetary easing by the Fed. The pullback was modest, but sentiment turned more dovish as traders focused on the dip in core inflation, which may be seen as evidence that price pressures have peaked […]

The post Dollar Slips as Softer Core Inflation Reinforces Bets on Two More Fed Cuts This Year appeared first on Action Forex.

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