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Argentina Gross Domestic Product (YoY) came in at 6.3%, below expectations (6.5%) in 2Q

Fed's dot plot signals 50 basis points of additional rate cuts in 2025; GDP revised up

The Federal Open Market Committee’s (FOMC) latest dot plot indicates that interest rates will average 3.6% by the end of 2025, below the June projection of 3.9%.
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Forex Today: The BoE is seen holding its policy rate

The US Dollar (USD) challenged the area of multi-week troughs before attempting a marked bounce, ending the day with decent gains as investors assessed the interest rate cut by the Federal Reserve.
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