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Posted by
Two Blokes Jun 4 -
Filed in
Forex
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16 views
The USD remains on the backfoot as the support from the more hawkish repricing in interest rates expectations got exhausted a couple of weeks ago. The market is now in line with the Fed's baseline projection of two cuts in 2025 and we will likely need strong US data to price out the remaining rate cuts and give the greenback a boost.
