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EUR/USD traded in a tight range below 1.1100 ahead of the Eurozone flash HICP and US PCE releases. Analysts expected euro-zone headline inflation to fall to 2.2% from 2.6%, boosting ECB September cut expectations.
Pre-release currency positioning reflects rate-cut bets and has no direct effect on feed commodity supply or demand.
teletrade.orgAug 30, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
