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MUFG expects that the Euro to Dollar (EUR/USD) exchange rate will strengthen to 1.1050. According to MUFG; “A fourth consecutive monthly upside inflation surprise is required to inject fresh upward momentum into US rates and the USD in the near-term. Whereas in line or softer prints could see the USD give back more of the gains from the start of this year.” ...
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post: Biden’s China Tariffs Salvo To Range From Doubling To Quadruple - BBG https://t.co/VxLDr1bbry
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