BTCUSD surges through key barriers and hits the highest levels since January
BTCUSD accelerated higher on Monday (up over 4% in Asia / early Europe), extending Friday’s sharp rally (up 6%).
Bulls took a breather for a brief consolidation during the weekend, with initial bullish signal seen on Friday’s close above…
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GOLD bounces after repeated failure at key support
Gold extends recovery into second consecutive day and hits the highest since Sep 9 on Friday, with lower oil prices being dominant driver that offsets anticipated negative impact from Fed rate hike.
The latest moves improved the picture…
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Bank Of Japan raises rates by 25 basis points to the highest in over three decades
The Bank of Japan raised interest rates by 25 basis points in a widely expected action on Friday and signaled readiness for further tightening.
Japanese central bank joined other major central banks in fight with rising inflation,…
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Fed raises interest rates, signals potential start of tightening cycle
The US Federal Reserve raised interest rates by 25 basis points to 4%, in line with expectations, in the first policy meeting under command of new central bank’s Chairman Kevin Warsh.
Wednesday’s action marks the first policy tightening…
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British inflation jumps in August but unchanged core CPI partially offsets negative impact
British inflation rose to 3.1% in August and hit the highest in five months, from 2.9% previous month and coming in line with expectations.
Monthly Consumer Price Index jumped to 0.5% from 0.3% in July, with both headline rates primarily…
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USDJPY – signals from Fed about future actions to determine near-term direction
USDJPY remains constructive and extends recovery on Wednesday, ahead of key event of the day – Fed interest rate decision.
Markets widely expect the FOMC to raise interest rates by 25 basis points but will also focus on comments from…
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BRENT OIL – bulls hold grip but consolidation may precede fresh push higher
Brent oil regained traction on Tuesday and probed again above round-figure 108 level.
Fresh strength partially offsets signals of developing offers from long upper shadow on Monday’s candle (although Doji) and pushed price to the upper…
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Dollar Index surges to two-week high on safe haven buying and Fed rate hike expectations
The dollar index jumped 0.5% on Monday, primarily benefiting from safe-haven buying following fresh turbulence in AI sector, but also by growing prospects of Fed rate hike on Thursday, after the data released last week showed that inflation…
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GBPUSD retests key supports on fresh wave of risk aversion
Cable dipped on Monday on fresh risk aversion and tested again key 1.3470 support zone (Fibo 38.2% of 1.3140/1.3675, reinforced by rising 55DMA and bull-trendline off 1.3140 low) where several attacks have been recently rejected.…
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EURUSD slumps to one-month low, signals further weakness
EURUSD fell around 0.5% in early Monday trading, deflated by stronger dollar on growing expectations for Fed rate hike, as well as safe haven buying on the latest warning that pace of AI development must slow to prevent threats to humanity…
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