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Published 17:13 IST, September 17th 2024

Dollar dragged by 50 bps Fed cut wagers

The dollar hovered near its lowest levels of the year on Tuesday, a day before the expected start to a U.S. easing cycle that markets are wagering may begin with an outsized rate cut.

Reported by: Thomson Reuters
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Petrodollar call off
US Dollar | Image: Republic
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17:13 IST, September 17th 2024