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Record flags Currency Risks as Policy Expectations Shift
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Record flags Currency Risks as Policy Expectations Shift
Record’s July 2026 market commentary focused on three main forces shaping currency markets: geopolitical tension, higher energy prices and changing expectations for central bank policy. Geopolitical risk returned to the forefront early in the month. US strikes against Iran and the threat of further action raised concerns over energy supply, while Houthi attacks on Red Sea shipping added pressure to global trade routes. Brent crude moved above US…
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