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JMby u/jelena.marinescu·56mAnalysis

USDX steady, but the underlying narrative might be shifting on rate cuts

USDX around 25.505 this morning, not much movement day-over-day, but the subtle shift in Fed commentary regarding the pace of rate cuts is starting to feel more concrete. It’s making me eye $EURUSD for potential shorting opportunities if the dollar can hold these levels and gain some more traction on hawkish Fed comments.

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