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Hawkish Powell saying we underestimated how high rates may need to go.
EUR, GBP, JPY, CHF, CAD, AUD and NZD are ALL trading at new lows vs the USDThe started with a continuation of the selloff in bonds that started with the stronger than expected data a month ago, specifically in jobs, inflation
[See the full post at: Forex Traders Weekly Outlook – Inflation Problem Meets Acute Financial System Fragility]
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