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Amid reports of Britain overtaking France as Market Trend Europe’s largest stock market, following Emmanuel Macron’s recent decision to call a snap election in France, and the impending UK election on July 4th, economic policy and forecasts are taking center stage.1,2 With this in mind, experts at City Index have shared their economic market predictions for the second half of 2024. EUR/USD “Our forecasts suggest more aggressive interest rate cuts from the ECB than the Fed through the rest of 2024, potentially boosting EUR/USD. With central banks pivoting, traders are eyeing the relative pace of rate cuts between the Fed and ECB as a critical factor.” GBP/USD…

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