The EUR/USD pair rallied sharply to 1.1735 on Friday, propelled by a sustained sell-off in the US dollar. The move followed a widely anticipated Federal Reserve rate cut, which was accompanied by guidance that proved more accommodative than markets had expected. Chair Jerome Powell explicitly ruled out further rate hikes, and the Fed’s updated “dot […]
The post EUR/USD Surges on Dovish Fed Signals and Shifting Expectations appeared first on ActionForex.
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