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DOLLAR: The US dollar DXY index has surged 6% this year. As US economic ‘exceptionalism’ drives bond yield differentials and sucks capital into the US. Foreign holdings of US treasuries,...
There has been little follow-through from the dollar selling we saw late last week. Currently, global markets present a curious picture of steeply inverting yield curves – which occasionally...
USD: Progress on debt deal allows markets to focus on another Fed hike After long weekends in many parts of the world, FX markets are returning to some progress on the US debt ceiling. President Joe...
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