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Monthly Archives: June 2024

Soft CPI Hammers Dollar

Written on June 26, 2024 at 6:16 am, by

Market Summary The financial markets experienced significant fluctuations in the last session, driven by two major economic events. Firstly, the U.S. CPI came in lower than market consensus, indicating easing inflation and boosting risk appetite. However, later in the session, the FOMC announced that there will be only one interest rate cut this year, reinforcingContinue Reading

Categories: Trading Knowledge

Soft CPI Hammers Dollar

Written on June 26, 2024 at 6:15 am, by

Market Summary The financial markets experienced significant fluctuations in the last session, driven by two major economic events. Firstly, the U.S. CPI came in lower than market consensus, indicating easing inflation and boosting risk appetite. However, later in the session, the FOMC announced that there will be only one interest rate cut this year, reinforcingContinue Reading

Categories: Trading Knowledge

Soft CPI Hammers Dollar

Written on June 26, 2024 at 6:15 am, by

Market Summary The financial markets experienced significant fluctuations in the last session, driven by two major economic events. Firstly, the U.S. CPI came in lower than market consensus, indicating easing inflation and boosting risk appetite. However, later in the session, the FOMC announced that there will be only one interest rate cut this year, reinforcingContinue Reading

Categories: Trading Knowledge

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