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UBS expect US dollar upside to be limited from here - their most preferred is the euro

Snippet from UBS on the Federal Reserve and US dollar outlook. On the minutes of the FOMC released this week:The minutes didn’t actually deviate much from the script. While markets may not have been positioned for a hawkish tilt to the commentary, we see few actual surprises when weighed against consensus economist expectations or the Fed’s own Summary of Economic Projections (SEP). The minutes largely echoed Chair Jerome Powell’s post-FOMC press conference commentary, focusing on labor market s... Read More

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Expect

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Upside

Limited

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Here

Their

Most

Preferred

Forex

Posted: Aug 18 2023, 00:51

Author Name: forexlive

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