Euro: Hawkish ECB offers limited support against US Dollar - ING

ING’s Francesco Pesole highlights that recent European Central Bank commentary remains broadly hawkish, with limited pushback from the dovish camp.
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US Dollar: Post-FOMC consolidation and data focus – OCBC

OCBC strategist Christopher Wong observes that the US Dollar (USD) has eased modestly as UST yields and Oil retraced from their post-FOMC spikes. He sees the move as consolidation, with further USD gains likely needing another leg higher in UST yields.
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