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Dollar Remains King
The recent rally in equities is beginning to show some renewed signs of pressure. Investors should expect the few fresh catalysts to steer market direction for the remainder of this quiet holiday-shortened trading week – note, trading volumes on Wall Street yesterday were relatively low. The safer-haven USD continues to be well supported versus risky assets as both investors and dealers struggle with the fallout of the Brussels atrocities yesterday. The 19-member single currency remains on the back foot (€1.1187), further pressured by upbeat comments on the U.S. economy from various Fed members (Chicago Fed ... (full story)