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US

Fed Warns of Challenging Months Ahead

Grim Readings for the Greenback The US dollar index continued its tragic decline yesterday, closing 0.28% lower. This comes after the Federal Reserve left rates unchanged and pledged to continue its bond purchases. Jerome Powell…

US Stimulus Slipping Away?

Damaged Dollar Claws Back Some Ground The US index gained some traction yesterday as it closed 0.12% higher, breaching the 91 handle. Risk aversion seems to be supporting the greenback for now, as the House of Representatives approved a…