Financial Trading
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Fed Chair Powell moving to a less hawkish positioning has weighed on US bond yields and the USD whilst boosting risk appetite with commodities and equities higher today.
The shift in sentiment seen over the past 24/48 hours remains on track this morning. The EUR has been boosted further as the incumbent French President Macron had a decent performance in the final debate before Sunday’s run-off election.
In this article, we will delve into the significance of each data point and discuss how they could impact the foreign exchange (FX) markets.
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