Home » The dollar adjusts to the Fed and returns to the top of its class. How long will it last?

The dollar adjusts to the Fed and returns to the top of its class. How long will it last?

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There was no difference between the hot and cold reactions. As much Wednesday night – just after the Fed opened to early monetary tightening, with two cuts planned by 2023 – as investors continued to buy dollars on Thursday. So much so that the dollar index – which summarizes the trend of the greenback against a basket of international currencies – jumped in two sessions by 1.65%, going from 90.5 to 92 points. Really remarkable as a shot considering that …

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