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Rumors Eclipse Data in Market Sentiment, Dollar Braces for Downside Risk

The financial markets have been more influenced by speculations than by concrete economic data, as anticipation builds ahead of Fed’s interest rate decision on September 18. Recent US economic indicators, including the latest CPI report and the prior week’s non-farm payrolls, pointed toward a cautious and modest 25bps rate cut. However, traders and investors chose […]

The post Rumors Eclipse Data in Market Sentiment, Dollar Braces for Downside Risk appeared first on Action Forex.


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