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Focus - Currency Matters July 2022

The ECB is expected to start to raise rates this week while the Fed is widely anticipated to raise rates by 75 bp or even 100 bp at their next few meetings. USD strength is testing key levels against many other rates. 'Buy the rumour, sell the fact' is always a key risk in FX markets!

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Our round-up of what to expect in the coming week and the key events of last week. The regular Spotlight feature looks at US rates through the implied futures money market futures. The Fed, ECB and Bo

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