The U.S. dollar was battered last week. Could it strengthen in the long term?

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Globally, interest rates are on the rise, fueled by a wave of optimism in equity markets. A key driver this week appears to be the US-Japan trade agreement, coupled with the anticipation of an imminent US-EU accord. Adding to this momentum, European Central Bank (ECB) President Christine Lagarde recently offered a more positive assessment of…

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By RoboForex Analytical Department The USD/JPY pair consolidated around 147.32 JPY on Wednesday, following sharp fluctuations earlier in the week. Market participants are awaiting key US inflation data, which could significantly influence the Federal Reserve’s policy decision next week. The recent downward revision of US employment statistics has strengthened the case for earlier monetary easing by the…