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Hawkish Federal Reserve halts dollar sell-off

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13 November 2023

Written by
Enrique Díaz-Álvarez

Chief Risk Officer at Ebury. Committed to mitigating FX risk through tailored strategies, detailed market insight, and FXFC forecasting for Bloomberg.

Financial markets were becoming increasingly comfortable with the idea that the worldwide hiking cycle was over and were beginning to look forward to rate cuts, until Fed chair Powell sounded less convinced at a speech last week. Read more via our report below.

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