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Analyst: If the US September CPI exceeds expectations, it may weaken the rate cut expectations.

Golden Finance reports that the US September CPI data will be released later on Friday. Before that, Asian currencies are consolidating against the dollar in the morning session. StoneX analyst Matt Simpson stated that the currency market currently expects the Fed to cut interest rates by 25 basis points next week and another 25 basis points in December, with probabilities of 99% and 93% respectively. If the CPI data is higher than expected, it may challenge these expectations and push the dollar higher across the board. (Jin10)

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