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..especially against currencies where the central bank is deemed to be slightly more dovish than the ECB
With many commodities such as oil, gold, and wheat soaring, commodity currencies have gone along for the ride.
It was another day of epic volatility for the Turkish Lira. Only this time it went up in value, causing USD/TRY to fall around 17%.
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The Kiwi dollar continues to go from strength to strength, as traders anticipate at least one more 25 bps hike at their meeting later this month.