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Global FX Insights

Stagflation risk ramping up

Next 24 hours: Mild profit taking on Dollar longs

Today’s report: Stagflation risk ramping up

US yields continue to drive higher in the face of a Fed monetary policy outlook that continues to press higher for longer, despite escalating growth concerns. Fresh yearly highs in the price of oil and a sixth session of declines in banking and real estate stocks have only added to stagflation fears.   read report

Wake-up call

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