Surprise Chicago PMI Read Shakes FX Market


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 Thursday’s booming Chicago PMI print caught the currency market off guard, forcing a repricing of Fed expectations. The data once again reinforces a higher for longer Fed policy trajectory, which in turn has moved yield differentials back in favor of the Buck.Video Length: 00:00:49More By This Author:The 3 Drivers Of Renewed Dollar Demand Inflation Misses Embolden Dovish Bets An Unsettling Inconsistency

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