Weekly Roundup: US dollar strengthens amid speculation ...
The US dollar got off to a strong start last week, firming as the previous week’s payroll figures bolstered Federal Reserve rate hike expectations.
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The US dollar got off to a strong start last week, firming as the previous week’s payroll figures bolstered Federal Reserve rate hike expectations.
The big story last week was the euro’s move to parity with the US dollar, which suppressed EUR sentiment through much of the session.
The US dollar ticked lower on Friday, undermined by a repricing of Federal Reserve rate hike bets.
The US dollar rallied again on Thursday, underpinned by aggressive Federal Reserve rate hike expectations.
The US dollar rallied again on Wednesday, following the release of a hotter-than-expected US inflation print.
The US dollar roared higher on Monday, bolstered by Federal Reserve rate hike bets and a gloomy market mood.
The euro US dollar exchange rate came within a hair’s breadth of parity at the end of last week, before the pairing was able to bounce back from its w
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