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Sterling Skyrockets, Dollar Shrugs PCE Inflation

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Sterling’s rally picks up some strong momentum in pre-holiday trading. Meanwhile, overall steady to risk-on sentiment is also lifting Aussie and other commodity currencies. On the other hand, Euro is under tremendous pressure, thanks to selloff against the Pound. Dollar, Yen and Swiss Franc are also soft, with the greenback shrugging off strong PCE inflation […]

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Dollar and Yen Down But Not Out (Yet) in Pre-Holiday Trading

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