Dollar Dips Ahead of Trump Inauguration

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Dollar Dips Ahead of Trump Inauguration – Financial Times (subscription)

Donald Trump will be sworn in on Friday as the 45th president of the United States of America and investors are waiting to see if the property mogul’s fiscal pledges can boost the world’s biggest economy and what further impact that will have on markets.

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US Dollar Charges to Seven-Month Peak as Fed Minutes Show It is Close to Hiking Rates

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US Dollar Charges to Seven-Month Peak as Fed Minutes Show It is Close to Hiking Rates – South China Morning Post

The dollar reached its highest level since March as minutes from the Federal Reserve’s September meeting showed several policy makers said a US rate increase was needed “relatively soon.”

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Theresa May to Become New PM After Tory Rival Leadsom Withdraws

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Theresa May to Become New PM After Tory Rival Leadsom Withdraws – The Guardian

Theresa May will become Britain’s second female prime minister on Wednesday, a rapid ascent to the premiership that came after her sole remaining challenger suddenly withdrew from the leadership race.

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BoE Expects Monetary Policy Easing in Summer: Carney

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BoE Expects Monetary Policy Easing in Summer: Carney –  Profit & Loss [subscription]

The Bank of England (BoE) is expecting that some “monetary policy easing will likely be required over the summer” as the “economic outlook has deteriorated” on the back of the UK voting to leave the EU, the BoE governor Mark Carney said in a speech today at the Bank.

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