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Dollar Faced a Second Consecutive Day of Heavy Selling Pressure
Markets Friday’s post-ISM moves petered out yesterday though US Treasuries continued to outperform German Bunds. The NY Fed’s Survey of Consumer Expectations showed median one-year-ahead inflation expectations continuing to decline in December, falling by 0.2 ppt to 5%, its lowest reading since July 2021. In contrast, three-year-ahead inflation expectations were unchanged in December at 3%. […] The post Dollar Faced a Second Consecutive Day of Heavy Selling Pressure appeared first on Action Fore...
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Posted: Jan 10 2023, 07:22
Author Name: actionforex
Views: 111430