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Back Fundamental analysis
Dollar's warnings ignored
The dollar took the stage and
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The dollar took the stage and delivered a case for a strong labor market and persistent inflation, but the audience was already leaving before the closing arguments. While the greenback's spokespeople pressed their case, oil and Treasury yields were collapsing behind them, and EUR/USD seized the opportunity to counterattack. Strong US employment data gives Fed officials cover to sound hawkish. Richmond Fed President Tom Barkin says that with healthy demand and stubbornly high inflation, the direction of policy is clear. His
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Marek Petkovich,
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© 2007-2026
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