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The dollar pops higher on geopolitical concerns
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Monex CanadaThe dollar pops higher on geopolitical concerns
USD The greenback clawed back some ground on Tuesday after Monday’s political drama, but the recovery was limited. December’s CPI report delivered a soft core reading (0.2% MoM versus expectations of 0.3%), yet markets largely ignored the miss, given the lingering data-quality issues we highlighted in our week-ahead note. Instead, a social media post by President Trump caught the attention of traders, hinting at possible military action against …
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