Dollar ‘deluge’ ahead as SSAs OK Fed pick

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Dollar ‘deluge’ ahead as SSAs OK Fed pick

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Marriner S. Eccles Federal Reserve Board Building is located in Washington D.C., USA. It was designed by Paul Philippe Cret and built in 1937. It was previously called Federal Reserve Building. | Roman Babakin/R.Babakin - stock.adobe.com

Public sector borrowers are preparing a flood of dollar issuance, said bankers, after a week with just one benchmark in the currency. The lack of deals this week was down to several factors, including the anticipated naming of a new US Federal Reserve chair on Thursday.

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