Speculation or possibility for the Dollar
June 26th - The dollar has held onto most of the gains from the latter part of last week as the European trading session gets underway. Speculation as to the possibility of the FOMC hiking rates by 50 contractual base points this time around doesnt seem to have been dismissed yet as the Fed tries to get a grip on inflationary pressures, although ahead of Thursday verdict expect relevant economic readings such as tomorrow US consumer confidence and existing home sales, (more…)
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