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Tag: Pepperstone

Chipmakers revive stocks as euro struggles after freefall

Chipmakers revived stock markets on Thursday, helping to sooth investor worries over a potentially rapid recession because of looming rate hikes, while the euro struggled near a 20-year parity with the safe-haven dollar.

Dollar shines, euro droops as Omicron spreads while Fed hawks circle

The U.S. dollar hovered near the highest since July of last year against major peers on Monday after a Federal Reserve official signaled a first pandemic-era interest rate hike could come as early as March.

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