December starts with a weaker USD and GBP pressured after the UK budget
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Interest rate decisions this week alongside expectations of a thawing of US-China trade tensions
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The USD is boosted by safe haven buying an good employment data
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RedFX currency update – plenty to digest in terms of data and inflation – something that the global economy hasn’t seen for 2 decades.
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BBC website headline this morning is: Sri Lanka in economic emergency as food prices soar .. “The government says it will seize food stocks and set prices to contain inflation”.
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