EUR/USD has been on a tear this week, on course for its largest weekly gain since November 2022. Can the dollar regain any semblance of strength ahead of the July FOMC meeting?
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EUR/USD has been on a tear this week, on course for its largest weekly gain since November 2022. Can the dollar regain any semblance of strength ahead of the July FOMC meeting?
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The Japanese Yen has gained fully from general Dollar weakness as markets reassess US rate-rise chances
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Cable’s impressive rally has been largely driven by the USD selloff. Additionally, the disconnect in US/UK inflation dynamics bodes well for sterling ahead of UK CPI
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Outlook on FTSE 100, DAX 40 and S&P 500 as the Q2 earnings season kicks off with the likes of JPMorgan, Citigroup, Wells Fargo and Blackrock.
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Renewed US dollar weakness has given gold the strength to take out a layer of stubborn resistance that has been holding the precious metal back for weeks.
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