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Forex
Forex Today – 18/01: US Rate Cut Odds Drop to 61%
Markets continue to discount the possibility of a first rate cut by the Federal Reserve at its March meeting, sending stocks lower and the US Dollar higher.Markets have…
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ForexLive European FX news wrap: Dollar mixed in slower trading session
Headlines:Markets:AUD leads, CHF lags on the dayEuropean equities higher; S&P 500 futures up 0.4%US 10-year yields down 1.4 bps to 4.090%Gold up 0.4% to $2,014.49WTI crude…
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Forex Signals Brief January 16: Spotlight on the BOE’s Baily and Canadian CPI
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Forex Signals Brief January 16: Spotlight on the BOE’s Baily and Canadian CPI TodaySkerdian Meta•Tuesday, January 16, 2024•3 min read
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US Rate Cut Chance in March Falls to 65%
The US Dollar Index reached a new 1-month high yesterday, as the market starts to see a lower chance of the Fed making a rate cut at its March meeting.Over the past day, the US…
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Forexlive Americas FX news wrap: Waller dovish, but in no rush to cut
Markets:Gold down $27 to $2027US 10 year yields up 11 bps to 4.06%WTI crude oil down 74-cents to $71.95S&P 500 down 18 points to 4765USD leads, JPY lagsWas it something…
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Falling to New 1-Month Low Price
I wrote in my previous forecast one week ago that the AUD/USD currency pair was seeing a slowing of bearish momentum, leading to a neutral consolidation between $0.6671 and…
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Market Sees 80% Chance of Fed Rate Cut in March
Last Friday’s lower-than-expected US PPI data has raised expectations that the Federal Reserve will begin cutting interest rates in March, leading to a rise in stocks.The…
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Forex Today – 15/01: 80% Chance of Fed Rate Cut in March
Last Friday’s lower-than-expected US PPI data has raised expectations that the Federal Reserve will begin cutting interest rates in March, leading to a rise in stocks.The…
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ForexLive Asia-Pacific FX news wrap: Subdued ranges heading into the US market
Barclays slashed their Brent Crude oil price forecast by $8 a barrelWSJ survey of economists indicates that the probability of a US recession is down sharplyHousehold spending…
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Yen Drops as BoJ Maintains Loose Policy
The Bank of Japan has left its negative interest rate and all aspects of its ultra-loose monetary policy unchanged at today’s policy meeting, sending the Yen lower. Forex…
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