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Tuesday, 29 September 2026

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Euro slides below 1.1600 as Warsh brings Fed rate hike back into play

Euro slides below 1.1600 as Warsh brings Fed rate hike back into play

EUR/USD falls sharply toward 1.1595 on Friday at the time of writing, losing 0.48% on the day, as the US Dollar (USD) rallies following Federal Reserve (Fed) Chair Kevin Warsh’s speech at the Jackson Hole Symposium.

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