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https://youtrading.com/en/wp-content/uploads/2022/09/GettyImages-852275504.jpg509299The USD gained upside traction on Wednesday as investors embraced the central bank’s hawkishness. Eurozone final inflation data was as expected in January though down from the previous print. Fed’s Jerome Powell indicated that ongoing rate hikes will be necessary to get inflation to restrictive measures. The South African government offered 13 billion rands in incentives to businesses and individuals to boost investments in renewable energy projects.