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The NZD is the strongest and the USD is the weakest as the NA session begins

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The NZD is the strongest as well as the USD is the weakest as the NA session begins. It is the day after the stronger than expected US jobs report. When the Fed is data dependent, that was not a good start for the path of rates going forward. Over the weekend, Fed’s Bowman said 75 BPs should be on the table. Fed’s Daly said the Fed needs to be open minded and there are 2 more inflation reports and one more jobs report before the next Fed meeting. See you in September….The inflation act in the US passed in the Senate over the weekend. It will be voted on in the House this week and it is expected to be passed. The bill is to expand spending on healthcare and renewable energy, will generate the very least 15% corporate tax and 1% levy on stock buybacks among other activities. THE UNITED STATES stocks are higher in premarket trading. The Dow rose on Friday, as the S

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