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Dollar Rallies Above Key Technical Level Despite Soft Inflation, Jobs Data

Dollar Rallies Above Key Technical Level Despite Soft Inflation, Jobs Data
As expected, the Bank of England (BoE) raised the rates by 25bp for the 12th time yesterday, and Governor Bailey left the door open for further rate hikes. Bailey said that the lagging effects of the past rate hikes will weigh more on the economy in the coming quarters, that the BoE expects inflation to […] The post Dollar Rallies Above Key Technical Level Despite Soft Inflation, Jobs Data appeared first on Action Forex... Read More
Posted: May 12 2023, 06:28
Author Name: actionforex
Views: 102228

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