Strategists See Turning Point for US Dollar

The video discusses the current market expectations regarding the Federal Reserve's interest rate decisions, highlighting a potential turning point for the dollar. It examines the market's anticipation of rate cuts next year, influenced by recent CPI and PPI data. The video also addresses concerns about inflation becoming entrenched, which could lead to more rate hikes. Additionally, it covers global economic indicators, including data from China and the UK, and their impact on currency and market trends.

What key economic data is expected to impact the market this week?

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How might the UK inflation data affect the Bank of England's decisions?

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