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GBP, USD & AUD Brace for Cross-Continental Geopolitical Risks
US Dollar traders will be closely watching the release of the FOMC meeting minutes from the rate decision earlier this month. An underlying somberness in the text could further dispel notions of a speedy recovery. If that in turn catalyzes a risk-off tilt in market mood, it could put a premium on haven-linked assets like the US Dollar and Treasuries and a discount on their growth-oriented peers like AUD, NZD, NOK and SEK. Federal Reserve Chairman Jerome Powell will also be testifying with Treasury Secretary Steven Mnuchin in front of the House Financial Services Committee. Hints at another fiscal stimulus could help ... (full story)