Dollar Climbs As Fed Set for Lengthy Inflation Fight

“The bigger picture for the dollar is that it’s in a strong uptrend,” said Matt Simpson, a senior analyst at brokerage City Index in Brisbane, adding it has now paused a weeks-long pullback “In some ways, bulls are looking to step back in and I think the Fed minutes gave them a reason to do so.” Fed officials saw “little evidence” late last month that U.S. inflation pressures were …

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