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Global FX Insights

Has most of the US Dollar upside been priced in?

Next 24 hours: Still plenty of caution

Today’s report: Has most of the US Dollar upside been priced in?

US CPI came in hot, the market is pricing just one rate cut in 2025, and yet, the US Dollar was unable to hold onto the post data rally. The market is certainly happy to see things play out this way and there is a sense that the extent of Dollar bullishness could already be well priced in.   read report

Wake-up call

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