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Welcome to Fed day

Welcome to Fed day

The cooler-than-expected US consumer price inflation report yesterday sparked a big reaction in markets but at the end of the day, it was a case of some being more than others. The dollar was pummeled alongside Treasury yields and there were some notable technical breaks in some dollar pairs as a result. However, stocks saw its early rip higher tempered with and the S&P 500 ultimately fell back below its 200-day moving average after an attempt to get above... Read More

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Posted: Dec 14 2022, 05:27
Author Name: forexlive
Views: 102220

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