Dollar Weakness Prevails as Market Bets on Fed Rate Pivot, H1 Cut Expectations Surge

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<p>Dollar remains subdued in the aftermath of its significant selloff triggered by CPI release overnight. Market sentiment has swiftly shifted, with the majority now almost ruling out the possibility of further rate hikes by Fed. This shift indicates a growing consensus that current federal funds rate of 5.25-5.50% marks the peak of this cycle. Moreover, […]</p>
<p>The post <a href="https://www.actionforex.com/action-insight/market-overview/527402-dollar-weakness-prevails-as-market-bets-on-fed-rate-pivot-h1-cut-expectations-surge/">Dollar Weakness Prevails as Market Bets on Fed Rate Pivot, H1 Cut Expectations Surge</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>