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US FX WRAP: Dollar firms on hawkish prospects of Warsh as new Fed Chair

The dollar's strengthening on the back of hawkish expectations surrounding the appointment of Warsh as the new Fed Chair indicates a potential shift in monetary policy outlook.

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US FX WRAP: Dollar firms on hawkish prospects of Warsh as new Fed Chair

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Context

This aligns with market sentiments about higher interest rate trajectories, which could have cross-asset implications, particularly for risk-sensitive assets like equities and commodities.

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