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USD: Dollar mixed amid geopolitical risk

The US dollar remained range-bound as risk appetite improved and political noise around the Federal Reserve eased. After steady inflation numbers, traders are content to wait for the next major catalyst. For now, the dollar is treading water after its strong start to...


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Pound weathers Washington storm

The fallout from the Trump administration’s attack on the Federal Reserve reached epic proportions yesterday as a global group of policymakers, including The Bank of England’s Andrew Bailey, issued an unprecedented joint show of support for the independent central...


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USD: Dollar slips amid political pressure on Fed

The dollar weakened as traders weighed the fallout from the White House’s confrontation with the Federal Reserve. Safe-haven demand drove gold higher, while attention now turns to US inflation data — the next key test of the Fed’s independence and policy outlook....


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EUR: Euro firm as ECB joins Fed defence

The euro edged higher after the ECB joined its global peers in defending Fed chair Jerome Powell. Investors saw the statement as a sign of institutional unity, while Germany’s steady industrial recovery and inflation easing to 2% provided further support. GBP/EUR: the...


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