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Dollar Becalmed as Markets Wait for US Leadership

The short squeeze that lifted the US dollar ahead of the weekend has seen limited follow-through buying, and instead a consolidative tone emerged.  Europe is searching for direction and perhaps waiting for US leadership after...

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Dollar Remains on the Defensive

The US dollar is narrowly mixed after selling off following the FOMC statement. Sometimes the narrative explains the price action, and sometimes the price action explains the narrative. This seems to be the case of...

 

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