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Tag Archives: rate hike fear rattle market

Dollar gains as geopolitical worries, rate hike fear rattle market


October 11, 2022

The dollar hit multi-year highs on Tuesday against the risk-sensitive Aussie and Kiwi dollars and the yen hovered near the level that prompted intervention as worries about rising interest rates and geopolitical tensions unsettled investors. Strong US labour data and an expectation of inflation figures on Thursday to remain stubbornly high have all but dashed bets on anything but high interest rates …

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