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club Felene

EUR/USD Outlook: Fed Rate Cut Odds Boost Euro

by Forex Crunch
December 9, 2024
in Forex Analysis
Reading Time: 1 min read

US employers added 224,000 new workers in November. Markets raised the likelihood of a 25-bps December Fed rate cut from 70% to 85%. Traders await the US CPI report for more clues on Fed rate cuts. The EUR/USD outlook shows some strength in the euro as the dollar drops due to increasing bets for a…
The post EUR/USD Outlook: Fed Rate Cut Odds Boost Euro appeared first on Forex Crunch.
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