The US dollar rallied after solid ISM services PMI data signaled a robust US economy leaving more room for future Fed rate hikes.
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The US dollar rallied after solid ISM services PMI data signaled a robust US economy leaving more room for future Fed rate hikes.
from DailyFX – Market News https://bit.ly/3pBoOV0
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The Japanese Yen is pushing higher today on a combination of risk-off flows and growing expectations that the MoF may soon intervene to prop up the currency.
from DailyFX – Market News https://bit.ly/44dyNi6
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The Bank of England (BoE) Decision Maker Panel raised hopes of lower inflation moving forward but not enough to halt another rate hike from the Central Bank in July. Further gains in store for GBP?
from DailyFX – Market News https://bit.ly/3D1kNfx
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Gold prices remain stuck with the prospect that global interest rates have further to rise. Against that backdrop, non-yielding assets will struggle
from DailyFX – Market News https://bit.ly/3PIMiSy
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The euro is expected to come under pressure as worsening fundamental data weighs on the continent. At the same time, other central banks ramp up rate hike talk
from DailyFX – Market News https://bit.ly/3O2DZQm
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