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10.10.2024: How USD to respond to US inflation data? Daily outlook for S&P 500, EUR/USD, Brent, RUB
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Although nearly a week has passed since the US nonfarm payrolls were released, the euphoria from the stronger-than-expected data is still fueling optimism in the markets. Most investors are now considering the scenario of a soft landing or no landing for the US economy to be realistic. In this context, the US dollar is carrying on with its steady rally, while stock indices on Wall Street closed yesterday's session at record highs.
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