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Dollar Holds Ground as Traders Await Fed Rate Cut Delay
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The dollar remains steady as traders interpret economic data as signaling a delay in the Federal Reserve's interest rate cuts. The Australian and New Zealand dollars declined amid regional equity declines. The Bank of England is expected to keep interest rates unchanged due to cooling inflation.
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How might a delay in the Federal Reserve's interest rate cuts impact global markets?
What are the potential implications of the Bank of England keeping interest rates unchanged?
What factors are contributing to the decline in the Australian and New Zealand dollars?
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