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Hawkish Fed, strong data ease dollar’s pain; pound awaits budget

November 17, 2022 XM.com
Global Market Insights - Forex, Futures, Stocks
Hawkish Fed, strong data ease dollar’s pain; pound awaits budget
Show Notes

Dollar regains some footing as Fed officials again rule out early pivot. Upbeat retail sales, warning from chip makers also dampen sentiment, stocks slip. Pound extends gains despite fears Autumn statement will usher in austerity era.

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