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July 11, 2023
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Dollar skids to two-month low, pound climbs to 15-month peak on wage growth data

 "Market participants should remember that U.S. data releases still have the capacity to shock: if the core or 'supercore' inflation measures surprise to the upside, front-end yields could leg higher once again, and the dollar might stage a surprising rebound," said Karl Schamotta, chief market strategist at Corpay in Toronto. Read Corpay's Karl Schamotta's comments in the Reuters article.