Financial Trading
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With better than expected ISM Services data, higher yields and a stronger dollar are again dominating the outlook for trading sentiment on major markets.
The USD has been gaining ground once more in recent sessions. This remains the case this morning as traders look ahead to US Retail Sales. GBP is in focus as UK inflation hits double digits.
The negative market sentiment that re-emerged once more over the weekend has continued into the early part of the week. Indices are being dragged lower along with commodities. The USD strength has pulled EUR/USD to within a whisker of parity.
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