After the European Central Bank's interest rate cut, the focus now shifts to the US Federal Reserve's policy decision, with its meeting beginning today. Markets have already priced in a 0.25% rate reduction.
However, the US dollar is showing no signs of weakening. The reason lies in the uncertain economic outlook for 2025. In times of uncertainty, the greenback tends to take the lead as it is considered the most reliable and lucrative currency.
Let's take a closer look at the economic reports due on December 17 and examine how they may affect the currency market.
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