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OBTC - Week Ahead - Dollar Rally Accelerates On Hawkish Fed
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Next week is filled with Fed speak that could show more policymakers are turning hawkish given the Fed’s overall surprise with pricing pressures this year.
Currency markets are bracing for potentially more dollar momentum as the Fed has signaled they are now not willing to tolerate much inflation over the next year.
In addition to getting clarity over the Fed’s message, Wall Street will pay close attention to a slew of rate decisions, US and European flash PMIs, and US personal income and spending data.