Dollar steady but stocks rally on soft PPI and AI optimism, CPI awaited
Send us Fan Mail US producer prices unexpectedly ease, raising hopes of soft CPI report. Fed rate cut bets lift equities, but US dollar edges higher. Wall Street additionally boosted by AI optimism after upbeat Oracle earnings. Euro drifts lower ahead of ECB decision. Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply. Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en Risk warning is correct at the ti...
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