US EditionNZD/USD Attracts some Buyers Above 0.5950 as Fed Rate Cut Bets Rise
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NZD/USD attracts some buyers above 0.5950 as Fed rate cut bets rise
The NZD/USD pair attracts some buyers to around 0.5970 during the early European session on Wednesday, bolstered by a softer US Dollar (USD). Traders raise their bets that the US Federal Reserve (Fed) will cut its interest rate in the September meeting.
GBP/USD Holds Near 1.3500 as Fed Rate Cut Bets Strengthen
GBP/USD traded steadily around 1.3500 in Wednesday’s Asian session, building on a 0.5% gain from the previous day. The pair extended its advance as the US Dollar weakened following softer-than-expected US inflation data, fueling expectations for a Federal Reserve rate cut in September. US CPI rose 2.7% year-on-year in July, matching June’s pace but falling […] The post GBP/USD Holds Near 1.3500 as Fed Rate Cut Bets Strengthen appeared first on X…
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