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The Dollar was back on its feet on Wednesday after being knocked over by the Federal Reserve’s surprise 50 basis point rate cut in the previous session. Encouraging ADP NFP figures which showed private payrolls rising by 183,000 in February seem to have eased concerns over the health of the US economy in the face of the virus outbreak. Appetite for the Dollar is likely to increase ahead of the US jobs report on Friday as investors question whether the Fed will ease monetary policy despite strong economic fundamentals. As of today, markets are pricing in a 90%... Read More
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