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Intraday Strategies for Beginner Traders on June 11
The situation in the Middle East
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The situation in the Middle East and US inflation continue to support demand for the dollar against risk assets.As the report indicates, the acceleration in overall inflation to 4.2% in May is a signal that cannot be ignored. Historically, such an inflation level typically suggests a potential rate hike by the Federal Reserve, and consequently, a strengthening of the national currency. However, given the current situation, where core inflationary pressures remain noticeably more subdued, the market appears to view this
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Miroslaw Bawulski,
Analytical expert of InstaForex
© 2007-2026
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Maxim Magdalinin
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