Will US Growth and Inflation Provide the Next Leg Higher for the Greenback?

In this week's analyst chat, Richard Snow and Daily FX’s Nick Cawley discuss the recent complexities in financial markets, highlighting the mixed data from the UK, including persistently high services inflation and wage growth, juxtaposed with a weakening jobs market. They delve into potential Bank of England rate cuts, influenced by these economic indicators and the dovish outlook from Andrew Bailey.

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Growth over inflationS&P 500 post FOMC continued as per the premium call „the rally will go on this week thanks to liquidity, and won‘t offer deep dips“ - the market breadth was good, and key sectors (XLF and XLY) leading were accompanied to a sufficient degree by tech.
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