US Dollar Rips Higher as Simmering Inflation Fears Crush Fed Rate Cut Hopes | Investing.com

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US inflation risks curtail Fed rate cut expectations, boosting US dollar Strong US CPI report today may amplify dollar strength EUR/USD hits multi-year lows, with further downside in sight USD/JPY rallies as Treasury yields climb and momentum shifts higher Overview Today’s US consumer price inflation report could be the catalyst to spark an extended Fed...

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