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University OF Michigan

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A detailed collage of Euro and Dollar banknotes showcasing international currency exchange.
FORECASTS2 HOURS AGO
US CPI Set to Test Fed Rate Outlook as EUR/USD Nears Key Support
Markets are preparing for the September CPI release on October 14, with persistent price pressures keeping a possible December Fed hike in play. EUR/USD is approaching the 1.11 to 1.12 support zone as traders weigh the Fed ECB rate gap and shifting inflation expectations.