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German Business: Threshold for Another Interest Rate Cut in January Raised
BlockBeats News, December 17th, the US Dollar Index regained its losses after yesterday's non-farm payrolls data release. Antje Praefcke, an analyst at Deutsche Bank, stated in a report that although the dollar initially fell after the data release, the market "did not really follow the Fed's trend of potentially cutting interest rates again as early as January next year." The threshold for another rate cut seems to have been raised, so the dollar has regained some lost ground. (FXStreet)
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