Global Market Insights - Forex, Futures, Stocks
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Global Market Insights - Forex, Futures, Stocks
Fed Chair Powell pushes the dollar off a cliff
Powell hints at a September cut, traders sell dollars. Wall Street indices rally, Dow Jones hits fresh record high. Attention to slowly shift to PCE inflation data later this week. BoJ Gov. Ueda expresses optimism about another rate hike soon.
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