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The near-term USD rebound has settled down as US bond yields have consolidated. Broader markets seem to be increasingly in need of a catalyst and are in wait-and-see mode ahead of a huge week approaching.
The IMF has predicted slower growth in 2023 as central banks tackle financial stability and price stability. Today’s focus on US CPI is leaving markets cautious.
Dollar selling after the surge in May - is this the end of the seasonal bias and strongest performing month of the year?
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