Market Still Shaky On Fed Outlook

We come into Wednesday with the US Dollar having generated a fresh wave of demand from shorter-term spec accounts after these accounts reconsidered Fed rate cut bets in the aftermath of an above-forecast US retail sales print.

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We come into Wednesday with the US Dollar having generated a fresh wave of demand from shorter-term spec accounts after these accounts reconsidered Fed rate cut bets in the aftermath of an above-forecast US retail sales print. Meanwhile, the Pound has suffered another Brexit blow, sinking to a 27 month low against the Buck.

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