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U.S. Dollar Sinks As Soft Inflation Data Boosts Fed Pause Hopes

The U.S. dollar fell against its major counterparts in the New York session on Wednesday, as the nation's consumer inflation slowed more than expected in June, raising hopes that the Federal Reserve may conclude its rate hiking cycle soon. ....

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Gold Prices Hold Steady as Traders Await US Inflation Data

Gold steadies ahead of US inflation data, while palladium slides to lowest level since December 2018. Interest rates and CPI data will influence market sentiment ....

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