Topic: Daily Market Updates
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Dollar rolls to new highs
German business optimism dims, UK inflation cools to a still hot 8.7%, and the Loonie falls to 1-week low.
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Sterling soars after inflation surprises higher
Stubborn UK inflation fuels rate-hike bets whilst dollar is steady amid haven demand and hawkish signals. Euro becoming numb to hawkish ECB speak.
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Dollar tracks Treasury yields higher
Euro flirts with recent bottom, data knocks sterling to 1-month low, and USD/CAD climbs to 1-week peak.
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Dollar demand grows as PMIs come into focus
Carry trades in spotlight, GBP/JPY lingers near 7-year high, and PMIs might aggravate EUR woes.
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