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Fed’s hawkish hold and Middle East flare up boost the dollar

Fed’s hawkish hold and Middle East flare up boost the dollar

Global Market Insights - Forex, Futures, Stocks

June 19, 20254m 11s

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Fed holds rates steady, revises inflation projections up. Dollar gains, also aided by escalating Isreal-Iran tensions. Oil rebounds on increasing worries about supply disruption. SNB cuts rates by 25bps, BoE expected to stand pat.


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