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FX.co ★ 27.12.2024: How far can USD climb on hawkish Fed prospects? Outlook for USD, EUR/USD, Brent

27.12.2024: How far can USD climb on hawkish Fed prospects? Outlook for USD, EUR/USD, Brent

As the year draws to a close, trading volumes have begun to taper off. However, investors remain focused on potential interest rate moves by the Federal Reserve. While the Fed’s decision to hold rates steady in January is unlikely to surprise the market, the pace and timing of future rate cuts are far less certain.

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