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Dollar Dips Ahead of Key Inflation Data; Eyes on Fed s Moves

The dollar edged down on Tuesday, remaining in tight ranges against peers as markets awaited key inflation data from major economies. This data could influence the global interest rate outlook, impacting the dollar. Markets are currently fully priced for a potential U.S. rate cut in December 2024.

Euro Zone Bond Yields Edge Higher Ahead of Key Inflation Data

Euro zone bond yields inched up on Tuesday prior to critical inflation data releases from Europe and the U.S., which could influence the ECB and Fed's decisions on interest rate cuts. Analysts and market players anticipate minor adjustments. Key figures include German consumer prices and Euro area-wide inflation statistics.

ECB Set to Slash Rates: What It Means for the Eurozone

The European Central Bank (ECB) is ready to cut interest rates, making it one of the first major central banks to do so this year.

US dollar edges down ahead of data, set for first monthly drop in 2024

US dollar edges down ahead of data, set for first monthly drop in 2024
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