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Daily market commentary: The US Dollar looks set to close the week on the back foot

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Daily market commentary: The US Dollar looks set to close the week on the back foot



Many now anticipate a more assertive Fed in December. They are betting on a 50-basis point rate hike instead of the 75 basis points previously predicted. This shift in expectations as well as an increase in investor risk appetite are likely to cause further dollar weakness over coming sessions.

Ricardo Evangelista – Senior Analyst, ActivTrades


Disclaimer: These opinions are solely the author’s and do not necessarily reflect those of LeapRate. This is not intended to be a trading recommendation.

LeapRate’s Daily Market Commentary: The US Dollar looks set to close the week on the backfoot appeared first on LeapRate



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