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Traders expect the Fed to maintain the Intrerest Rate in July and begin to cut interest rates in September, with little fluctuation in the short term for the US Dollar Index DXY.
Odaily Planet Daily News U.S. short-term Interest Rate futures saw a slight pump after the inflation data was released; traders expect the Federal Reserve to keep the Interest Rate unchanged in July and start cutting in September. Spot gold and the U.S. Dollar Index DXY saw a small Fluctuation in the short term. (FXStreet)