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Wall Street ticked higher on Friday. This rebound will give investors hope that perhaps Q3 can be a change in sentiment. We look at what is needed to make an improvement more sustainable.
A falling trend in US inflation continued in December. The reductions in core and headline CPI were in line with forecasts, driving a choppy reaction on forex.
The negative market sentiment that re-emerged once more over the weekend has continued into the early part of the week. Indices are being dragged lower along with commodities. The USD strength has pulled EUR/USD to within a whisker of parity.
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