Financial Trading
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The USD is strengthening once more across major forex pairs. Whilst flash PMIs and Fed chair Powell should be watched, we see the potential for this to continue in the coming sessions.
With recession fears a key factor for market participants, economic growth data will be key for the calendar this week. The flash PMIs will be watched, whilst the RBNZ will be next to hike rates.
With Treasury yields rising and the USD strengthening, sentiment is turning increasingly corrective on indices and commodities.
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