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The buck continues to struggle post-Fed
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The buck continues to struggle post-Fed
USD The US dollar remained on the back foot on Thursday, struggling to rebound from its post-Fed slide. Early in the session, a bout of risk aversion gave the greenback a brief lift, but overall, it failed to claw back Wednesday’s losses as we anticipated. Markets continued to digest the Federal Reserve’s dovish rate cut – the third consecutive easing – and Chair Powell’s cautious tone on the economy. With that final 2025 Fed decision behind us,…
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