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A subdued mood among major currencies so far today

The dollar was on the brink of a major breakdown last week but clawed its way back on Friday and Monday. The rebound was halted in trading yesterday but that puts us in a bit of a bind now, with fresh questions being asked of dollar sentiment at the moment.Fed pricing continues to indicate one more rate hike on the horizon but the outlook for the year now reflects two rate cuts after that, instead of the three priced in on Thursday last week.Markets are looking for more of a trigger to react fur... Read More

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Content Topics

Subdued

Mood

Among

Major

Currencies

Today

Forex

Posted: Apr 19 2023, 05:02

Author Name: forexlive

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