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Sunday, November 13, 2022

Dollar Crushed; Apology for America

The buck was crushed this week, plunging -4.61% to 106.16, moving lower four days out of five. The bulk of the losses came after the Consumer Price Index release around 8:30 a.m. Eastern on Thursday, which showed a slightly lower rate (+0.44% m/m) than expected, and then on Friday, there were hints from the Chines …

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