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Trading Outlook May 19: Impact of a hawkish Fed on trading in USD pairs, gold, bonds and stocks (5 minute video)

Sentiment toward US markets changed dramatically with a hawkish tone forcing traders to consider the potential for a June interest rate increase. This has sparked a big broad rally in USD against most other currencies particularly gaining against gold, EUR, JPY, AUD and NZD. US indices continued to fall on the news with the Dow and S&P close to completing head and shoulders top patterns.



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