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Mood sours as ECB pushes back on rate cuts; will Fed follow suit?

Mood sours as ECB pushes back on rate cuts; will Fed follow suit?

Global Market Insights - Forex, Futures, Stocks

January 16, 20244m 54s

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Euro skids even as ECB officials dampen early rate cut expectations. Dollar jumps on fears Fed’s Waller will take a similarly hawkish stance. Pound and aussie tumble on soft data. Oil and gold pulled in different directions in choppy trade.

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