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Dollar gains despite increasing Fed cut bets

Dollar gains despite increasing Fed cut bets

Global Market Insights - Forex, Futures, Stocks

May 12, 20234m 18s

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Jobless claims jump to a 1-1/2-year high. Dollar attracts haven flows, but too early for reversal. BoE hikes, revises up inflation and GDP projections. Dow and S&P 500 reflect worries, Nasdaq stays supported.

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