Dollar holds gains on reassuring data, euro slips
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Updated:2024-08-15
“This morning's data absolutely crushed remaining bets on a half percentage-point move at the Federal Reserve's September meeting," said Karl Schamotta, chief market strategist at Corpay “Fear of a 'hard landing' in the U.S. economy has been almost fully unwound," he said, "and Fed officials are seen responding with a more cautious start to the easing cycle." Reuters: Dollar holds gains on reassuring data, euro slips
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