Euro Hits 2025 High As ECB Signals End To Cuts

The US Dollar has extended declines in the aftermath of Wednesday's softer US CPI print.

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The US Dollar has extended declines in the aftermath of Wednesday's softer US CPI print. Interestingly enough, the data has failed to inspire much confidence in risk assets, presumably given the distraction around the escalation in geopolitical tension in the Middle East.

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