Todd Gordon writes that a nasty 120+ point move higher in EUR/USD following Fed commentary suggesting that inflation in the current environment is largely contained.
In the daily currency technicals, the euro probes trendline, the Japanese yen continues sideways, the British pound keeps sliding, and the Swiss franc can't take 1.2400.
Will central bankers continue to raise interest rates while keeping their hawkish bias, or will they turn dovish? To answer this question, Richard Lee dives into five probable scenarios.
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