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Navigating Forex: Impact of Fed’s Policy and Softer U.S. Inflation
The Forex market witnessed significant movement following two important events: the Federal Reserve Board meeting and the release of the US Consumer Price Index (CPI) report on June 12, 2024. These events provided important insights into the direction of US monetary policy and inflationary trends, which have influenced the valuation of currencies around the world. Let's dig into the details and understand their impact on the Forex market.
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