The risk-sensitive Australian Dollar fell against the US Dollar overnight after sentiment took a hit after China took a step back on its "Zero-Covid" policy. Traders are preparing for tonight's US …

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US stocks slump Thursday as traders cut risk exposure and run for the exits on fears that the May US inflation report will cause the market to price in a more aggressive Fed tightening cycle.

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Contractionary monetary policy is utilized by central banks to reign in an overheating economy and surging inflation. Find out what tools are used and how they work

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EUR/USD fell on Thursday after the ECB rate announcement disappointed hawks, with President Lagarde arguing for maximum flexibility and optionality in the policy response.

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The US Dollar has seen strength starting to come back after a three-week pullback, and tomorrow's CPI and next week's FOMC will keep this theme center-stage.

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