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Fed and dollar to shift on today's data? - Scotiabank

Analysts at Scotiabank explained that Fed expectations and the USD will shift according to the tone of the data this morning.

Key Quotes:

"...but we do not expect the USD bounce to extend significantly from here."

"We still rather think that the US economy’s reduced relative growth and yield advantages, as well as ongoing questions about how soon President Trump can advance his agenda, will curb the appeal of the USD."

USD/JPY retreats from weekly highs to 110.40 as USD loses strength

USD/JPY pulled back more than 30 pips from weekly highs amid a retreat of the US dollar. The greenback trimmed part of the gains that followed...
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US Dollar retreats from 2-week highs, stays positive on day

After refreshing its highest level since late June at 94.04 in the early NA session, the US Dollar Index, which tracks the greenback against a basket
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