US dollar eases after big run

Jul 25, 2022 | Currency, Economy, Money Market

25.7.22 Friday saw big falls in global rates with recession fears returning to markets, notes BNZ Markets. The European composite PMI fell below 50, signalling negative growth in the region, while the US Services PMI dropped into contractionary territory as well, leading markets to aggressively pare back rate hike expectations, comments Nick Smyth. “Equities were […]

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US dollar eases after big run

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