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29.12.2025 03:36 PM
December 16 show that since mid-November, the aggregate position for the US dollar against major world currencies has been steadily worsening. This reflects the market’s reevaluation of the outlook for both the Fed’s rate movements and the US economy as a whole. There’s no reason to believe this trend will change in the near future; all the negative factors that have pressured the dollar in recent weeks continue to exert their influence.
The Fed’s interest rate forecast implies two cuts next
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