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Producer Price Index (Inflation) AnalysisMonth-on-month PPI for May prints below consensus estimatesLower PPI adds to lower CPI prints earlier this week and increases the possibility of a ‘no hike’ scenario this eveningEUR/USD and GBP/USD…

US Dollar, Crude Oil, Gold - Talking PointsUS Dollar resumed strengthening yesterday but has slipped todayThe Fed reminded markets of their intention and yields respondedIf Fed Chair Powell is hawkish today, will that drive the DXY (USD)…