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المشهد العربي
Hedging moves before Warrish speech
Foreign exchange markets are moving toward increasing financial hedges in anticipation of the possible continued rise of the dollar, as the speech by Federal Reserve Chairman "Kevin Warsh" at the Jackson Hole forum approaches. Traders expect the speech to carry a hawkish tone or to emphasize a focus on monetary policy tools without intervening in other financial issues. Approximately 57.2% of dollar options trading flows this week have seen gains from the dollar's appreciation against a basket of major currencies, compared to 43.2% in the previous week.
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