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Global FX Insights

US equities respond to harsher reality

Next 24 hours: Mild US Dollar selling in light session

Today’s report: US equities respond to harsher reality

Last week, we warned the US equity market could be on the verge of rolling over in the aftermath of a run of US inflation data that pointed to less investor friendly, higher for longer Fed monetary policy. The US Dollar had reacted accordingly, pushing higher across the board, all while stocks managed to initially shrug off the data.   read report

Wake-up call

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