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FOMC Minutes: What Could Jolt The Markets?

From orbex.com

The dollar is set to have a busy week to start the new year. The second day of trading includes ISM manufacturing data, JOLTs report and the minutes from the last FOMC meeting. The latter has perhaps the largest potential to shake up the markets. But the conditions are set up for a shift in market sentiment that could drive the dollar. December was a positive month for risk appetite, which naturally weighed on the greenback. The Dow printed a new record high, and the S&P 500 got within 9 points of beating its all time record. Interestingly, that record was set on Jan 3, 2022. Tomorrow that pattern might repeat. More ... (full story)

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  • Category: Fundamental Analysis