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Hawkish Fed, strong data ease dollar’s pain; pound awaits budget

Hawkish Fed, strong data ease dollar’s pain; pound awaits budget

Global Market Insights - Forex, Futures, Stocks

November 17, 20224m 37s

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Dollar regains some footing as Fed officials again rule out early pivot. Upbeat retail sales, warning from chip makers also dampen sentiment, stocks slip. Pound extends gains despite fears Autumn statement will usher in austerity era.

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