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Hawkish comments from Fed chair Powell have swung markets again. The USD has renewed upside impetus and indices have pulled lower.
Oil traders have seen oil moving in a sideways range for the past three months. As the price rallies towards the range highs, we look at what could drive a breakout.
Several factors have combined in the early part of the week to encourage a more positive outlook for major markets. This is weighing on the USD whilst indices rebound.
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