Dollar continues to stay in prime position ...Middle East

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Dollar continues to stay in prime position
The dollar continues to stay buoyed in trading this week, as it runs a little higher again today. The stronger US retail sales data from yesterday is reverberating, alongside the geopolitical nuances that are playing out. Rate cut bets have receded significantly with one in September barely fully priced in at the moment. And we have even seen some punters out there taking rate cuts off the table entirely for this year.For today itself, we have seen Japanese officials offer up some verbal intervention to try and quell the USD/JPY advance. And we also have China calling for state banks to step in and push back down the USD/CNY march higher. Those are some limiting factors for the dollar but ye

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