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UUP - Will The RBNZ Edge Out Norges Bank To Be The First High-Income Country To Hike Rates Next Week?
Invesco DB USD Index Bullish Fund
The key driving force in the foreign exchange market that has lifted the dollar is a reconsideration of the trajectory of Fed policy.
The US recovery is uneven, and this will be illustrated by next week's reports.
After contracting in Q1, the Norwegian economy snapped back in Q2, and the Norges Bank has indicated it intends to lift the deposit rate from zero this year.