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Aug 5, 2025
USD: Risk-on mood and US data weigh on USD dynamics – BBH
US Dollar (USD) is hovering at the top-end of the range carved-out since Friday’s post-NFP low. US stocks are powering forward and dragging global equity markets higher. **Expectations of looser Fed policy and resilient global economic activity are fueling the stock market rally**.
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Aug 5, 2025
USD: Spanner in the works – Commerzbank
The US labor market report for July has thrown a spanner in the works, dashing my speculation that the Fed might not cut interest rates in September after all. Now it looks more likely than ever.
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