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EUR/USD slides as Fed hints at cautious easing, ECB holds steady
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EUR/USD slides as Fed hints at cautious easing, ECB holds steady
The Euro (EUR) reversed course and dropped against the US Dollar (USD) amid a perceived hawkish cut of 25 bps by the Federal Reserve (Fed) on Wednesday. Traders booked profits after pushing the pair to a yearly high of 1.1918, before reversing 100 pips, towards its current price.
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