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On a holiday-shortened week for the US, the CPI inflation will be the key market driver. The US consumer will also be in focus with retail sales and Michigan Sentiment.
As we come to the end of Q2, the USD is strengthening once more. This is testing some crucial levels on major forex pairs.
After a choppy session yesterday where the USD saw a strong rebound on hawkish Fed comments, there is another swing this morning. USD is lower as risk appetite has recovered.
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