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Dollar steady after CPI data, yen tumbles after BoJ hikes rates

Dollar steady after CPI data, yen tumbles after BoJ hikes rates

Global Market Insights - Forex, Futures, Stocks

December 19, 20253m 54s

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US inflation slows notably, corroborating dovish Fed cut bets. Dollar holds steady as data may be distorted by US shutdown. BoE lowers rates, signals slower reductions ahead; ECB stands pat. Yen tumbles as traders sought clearer clues about BoJ’s next moves.

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