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Euro Zone Inflation and Exchange Rates
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Euro zone's annual inflation cools to 2.4% in November, below expectations, while the dollar rises from a three-month low. Markets are pricing in early European Central Bank rate cuts, with the dollar index down 3.2% in November. The Bank of Japan is expected to end its negative rate policy, pulling the yen up. Euro zone's unemployment remains at a record low of 6.5% in October.
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How might the Bank of Japan ending its negative rate policy affect global currency exchange rates?
How might the cooling inflation in the euro zone impact global trade and investment?
What factors could influence the European Central Bank's decision on rate cuts?
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