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The picture of the outlook for central banks moving into 2023 is becoming a little clearer. As markets move towards the end of a tumultuous week the USD is emerging as a winner, whilst risk appetite has soured.
Central Banks are leading the news today starting with the BoE Bailey, then we see BoJ governor Ueda and FED chair Powell also speaking.
A raft of CPI data for major economies keeps the focus on inflation this week. This promises to guide central banks for their next monetary policy meetings in the coming weeks. Traders will need to be alert.
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