How will the Fed's dovish pivot affect EUR/USD?

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Wisdom comes with age. But sometimes age comes separately. Enough time has passed for the markets to assess the consequences of the Federal Reserve's dovish pivot. The updated FOMC forecasts revealed three rate cuts for federal funds in 2024. The loser appears to be the U.S. dollar. Who will benefit? Can the EUR/USD take advantage of the Fed's favor?According to Goldman Sachs, the main beneficiaries of the Fed's dovish pivot will be the British pound, the Australian and New Zealand

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