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Fed delivers rate cut, stocks rally but dollar not impressed

Fed delivers rate cut, stocks rally but dollar not impressed

Global Market Insights - Forex, Futures, Stocks

November 8, 20243m 49s

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Fed cuts rates and keeps door open to a December move. Powell appears confident about the inflation outlook. Equities’ euphoria continues, strongest weekly rally of 2024. Yen manages to gain against the US dollar.

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