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United States Core Personal Consumption Expenditure - Price Index (YoY) above expectations (1.9%) in October: Actual (25%)

EUR/USD soars above 1.1350 as US dollar tumbles on Powell’s comments

The EUR/USD pair broke dramatically to the upside boosted by a sharp slide of the US dollar across the board. The pair climbed from 1.1285 to 1.1367 i
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GBP/USD pops 50 pips on dollar weakness and dovish Powell; Carney sees pound 25% lower on 'Cliff Edge' (no deal) Brexit

The dollar is weaker and GBP/USD has popped following the release of Federal Reserve's Powell's speech that he is making a speech to the Economic Club
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