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US Dollar Index slips below 99.00 due to rising odds of further Fed rate cuts

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second successive session and trading around 98.80 during the European hours on Wednesday.
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Forex Today: Gold climbs above $4,200, USD slides on US-China tensions

Here is what you need to know on Wednesday, October 15:
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