European Market Update: USD Continues To Soften As Timeline For Fed Rate Hike Gets Re-evaluated

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USD continued to trade softer following a spat run of softer US economic data that has readjust the probability of a Fed tightening as soon as June and Sept odds were lower. The EUR/USD was back above the 1.08 handle while the GBP/USD posted 3-week highs under under the 1.50



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