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Dollar sinks to June lows as Fed rate hike wagers unwind
US inflation for July came out exactly as expected last week - other than that, there was little news elsewhere to move markets.
US dollar sell off continues after weak jobs data
Friday’s soft nonfarm payrolls report added further ammunition to the doves in the Federal Reserve, and rate markets continued pushing back their expectations of hikes in the US.
FX Monthly August: Bizarre Warsh rhetoric leaves Fed credibility on the line
July was a relatively calm month in the foreign exchange market before activity exploded into life at the eleventh hour.
Dovish Fed and FX intervention in the yen slams the dollar
Uncertainty surrounding last week's Federal Reserve meeting was unusually high. In the end, not only did the Fed not raise rates, but chair Warsh sounded rather dovish.
