Dollar whipsaws after not-so-soft inflation data, stocks sink again

Global Market Insights - Forex, Futures, Stocks

May 12 2022 • 4 mins

Dollar back on the front foot after US inflation falls by less than expected. Equity markets back in a sea of red as recession risks rise. Pound slips to new lows after UK GDP contracts, hawkish ECB can’t save the euro.

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