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US Economic Data Decidedly Gloomy, But Implications For The Dollar More Complex
Equity markets are managing to eke out modest gains today after last night’s dovish FOMC minutes suggested that the Fed are now shifting to a distinctly more dovish tone. In light of the prevailing economic headwinds and high levels of uncertainty surrounding growth prospects both at home and abroad, policymakers agreed to alter their guidance for future rates to a more accommodative bias. This... ...More...
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