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@koolgal:
With inflation at 40 year high, the Feds main focus is to quell it with aggressive interest rates hikes. However there was recent talks that the Feds are considering slowing down the rate hikes and that have resulted in the recent markets uptrend.
Nonetheless at some point in time, the Feds will slow down the interest rates hikes. That will dampen the strength of the US Dollar. Let's hope it would be soon.
Thanks @Capital_Insights for your excellent insight on the prevailing strength of the US Dollar.
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