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- Bank of England raises interest rates by 25 basis points on higher inflation / bank worries
- Bulls are running out of steam after a six-day rally
- Gold regains traction on Fed’s dovish shift / growing uncertainty
- Dovish Fed further deflates dollar
- Dollar is in quiet mode ahead of Fed’s decision
- USDJPY probes through key barrier; Fed decision likely to define near-term direction
- Pound receives fresh support from hawkish shift in rate expectations as inflation rises
- UK inflation jumps to 10.4% in February
- German investor morale falls sharply in March – ZEW
- Daily cloud twist continues to attract bulls