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Strong Inflation Jumpstarts Dollar

47

US inflation once again beat expectations, causing markets to further discount the chances of an easing cycle starting in June. The dollar responded with a 1% rise against a basket of major currencies, taking the DXY back to 104.80. The dollar recorded two peaks near these levels in February and late March, and it has […]

The post Strong Inflation Jumpstarts Dollar appeared first on Action Forex.

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