Dollar index approaches 100 barrier in strong post-Fed rally
The dollar index hit three-month high on steep post-Fed rally, after unexpectedly hawkish stance of chief Powell faded recent risk appetite and shifted investments into safety of greenback.
Drop in bets for Fed’s December rate cut, after…
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GBPUSD – steep decline extends through key support zone
Cable extends steep fall into fourth straight day and probes through key supports at 1.3140 zone (Fibo 38.2% of 1.2099/1.3788 rally / former higher base, consisting of May 11 and July 27 lows), hitting the lowest levels since mid-April.…
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USDJPY rallies to multi-month high in reaction to Fed / BoJ policy decisions
USDJPY jumped 1.2% in post-BoJ trading on Thursday and hit the highest since mid-February.
Fresh acceleration higher was sparked by unexpected Fed’s hawkish tone on Wednesday and extended after BoJ’s decision to keep rates on hold but…
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Fed cuts rates by 25 basis points as expected, markets see Powell’s cautious stance on…
The US Federal Reserve, in its October policy meeting, cut interest rates by 25 basis points to 3.75% - 4.00% range, as widely expected.
The policymakers voted 10-2 to lower policy rate, aiming to ease pressure on weakening labor market,…
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EURGBP hits the highest in over two years as shift in BoE policy expectations and UK budget concerns…
EURGBP hit new 2025 high and held at the highest levels since May 2023 on Wednesday.
Steep upleg from Oct 22 extends into sixth straight day, as sterling came under increased pressure from shift in monetary policy expectations which sees…
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GBPUSD extends steep decline on growing expectations for BoE rate cut
Cable hit three-month low on Wednesday, extending the steep bear-leg which emerged after strong upside rejection at daily cloud, into second consecutive week.
Fresh bears broke through important support provided by 200DMA (1.3239) and…
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WTI oil drops 2% on signals of further OPEC+ production increase
WTI oil price remains in red for the third consecutive day and accelerated lower on Tuesday, losing about 2% of its value during Asian / early European trading.
Oil price was initially deflated by optimism about potential US-China trade…
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German consumer sentiment falls further in November
The Gfk survey released on Tuesday showed that consumer sentiment in Germany is expected to deteriorate further heading into November, weighed down by sharply declining income expectations, a survey showed on Tuesday.
GfK consumer…
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GOLD price dips below critical $4000 support zone, deeper dips to provide better levels to re-join…
Gold fell around 3% on Monday and broke below critical $4000 support, deflated by fresh risk appetite on growing optimism over coming US-China trade talks.
Easing trade tensions between world’s two largest economies provides temporary…
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Fresh risk appetite lifts Australian dollar to two-week high
AUDUSD opened with a gap higher and hit two-week high in almost 1% advance in early Monday trading.
Fresh risk appetite dominated in the market at the start of the week, as growing optimism of US-China trade deal, fueled demand for…
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