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Daily digest market movers: The US Dollar trades mildly lower ahead of FOMC minutes

guntur360
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  • Markets await fresh drivers to continue timing the start of the Fed’s easing cycle. FOMC’s January Meeting Minutes are due on Wednesday.
  • Market anticipation is also brewing for upcoming speeches from Federal Reserve members Bowman (Wednesday) and Kashkari (Thursday) to gather additional insights. 
  • According to the CME FedWatch Tool, the odds of a Fed cut have significantly declined for the March and May meeting as markets push the projected start of easing to June.


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