We’re coming up on the end of Q2 and the US Dollar bullish trend is more than a year old. What’s in store for Q3 – can the Fed remain as the most-hawkish game in town?
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We’re coming up on the end of Q2 and the US Dollar bullish trend is more than a year old. What’s in store for Q3 – can the Fed remain as the most-hawkish game in town?
from DailyFX – Market News https://bit.ly/3yaUdyQ
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It's back into the red again, as Fed Chair Powell's testimony begins.
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Canada’s annual inflation accelerated to 7.7% in May, the highest level since 1983, raising expectations that the BoC will have to tighten monetary policy aggressively in the coming months.
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A steady decline in oil, gold and platinum prices weighed on the index as global equities struggle. SA inflation breaches the 6% target, with implications for the ZAR
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Gold is looking increasingly likely to re-test recent support but traders should be wary of Fed chair Jerome Powell's upcoming testimony on Capitol Hill.
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