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CryptoNewsZ 2022-08-31 10:53:50

Rate Hike Expectations Boost the Euro and the Dollar

On 31st August, the greenback was bigger and more powerful than expected U.S. economic reports and aggressive Federal Reserve remarks indicated increased interest rates, but rate-hike expectations in Europe also showed the currency union hanging on above par. Markets are valuing a better-than-even possibility of a 75 basis point (bps) rate increase next week due …

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