This global influence became particularly clear in 2022 after a rare combination of unique factors triggered a swift surge on the US dollar.

The Pound to Australian Dollar exchange rate is breaking down and technical reports show a higher likelihood of further losses while in the coming days.

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Central to the rise of the US dollar in 2022 was a growing interest rate differential between the federal funds rate, established because of the US Federal Reserve (the Fed) and other major central banks globally.

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Moreover, with most commodities priced in US dollars, countries with a high reliance on imports of energy and agricultural products face extra inflationary pressures mainly because of the dollar surge.



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The global economy continues to witness resilience, supported by easing inflation, enhanced supply conditions and labour market strength. While an economic…

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Corpay maintains a PDF forecast report showing major investment bank forecasts. The report includes the average forecast of all banks surveyed by Bloomberg as well since the highest and lowest forecast points over many timelines. Request your report:


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