USD: Consolidation or base-building? – ING

There is quite a popular view out there that with 100bp of Fed cuts priced by the end of this year and a terminal rate already priced at 3.00%, the dollar does not need to fall much further.
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Eurozone Consumer Confidence came in at -13.5, below expectations (-13.4) in August

Eurozone Consumer Confidence came in at -13.5, below expectations (-13.4) in August
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