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Global FX Insights

Market responds aggressively to US inflation data

Next 24 hours: Major currencies cool off

Today’s report: Market responds aggressively to US inflation data

It comes as no surprise to see the market reaction to Tuesday’s round of softer than expected US inflation data. As we’ve highlighted many times throughout the year, investors are looking for any and every excuse to pressure the Federal Reserve into reconsidering its higher for longer policy stance in favor of a more investor friendly, accommodative adjustment.   read report

Wake-up call

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