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Thursday, May 4, 2017

USD/JPY slips down to 112.50 as commodity and the risk trade slide

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At some point, falling gasoline prices will get the Fed’s attention
Every time oil prices fall, there is less pressure on the Fed to hike. Yes, they generally look through temporary inflation but the headline is the mandate and it’s headline lower by the minute.

May 04, 2017 at 09:42PM

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from Adam Button

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