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  • Near-term bias remains negative below 140
  • Bears look for further extension
  • Dollar keeps firm tone ahead FOMC rate decision
  • Extended range trading ahead of Fed policy decision
  • Australian dollar rises to three-week high on RBA’s hawkish shift
  • Close within daily cloud to signal further weakness
  • Oil price jumps on Saudi big oil cuts
  • Strong US job growth in May tempered by lower wages and jump in unemployment
  • AUDUSD – strong recovery extends into second straight day
  • Cable at two-week high above 1.25 ahead of US labor report

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inflation

Technical Outlook

Gold extends weakness as dollar rises ahead of Fed

Slobodan Drvenica Jun 14, 2021
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Central Banks

Swiss central bank keeps rates unchanged, set for extended period of loose policy

Slobodan Drvenica Mar 25, 2021
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Central Banks

It’s a Fed day today

Slobodan Drvenica Mar 17, 2021
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Economy

Inflation in Turkey rises to 15%, signaling that CBRT will keep policy tight

Slobodan Drvenica Feb 3, 2021
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Central Banks

Australia is expected to keep accommodative policy for several years

Slobodan Drvenica Feb 3, 2021
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Central Banks

Fed is expected to stay on hold as the impact of vaccines and fiscal support against pandemic is…

Slobodan Drvenica Jan 27, 2021
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Market News

Weak Chinese inflation data suggests long road to recovery

Slobodan Drvenica Oct 15, 2020
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Market News

Weekly market overview

Slobodan Drvenica Sep 18, 2020
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Market News

Fed is expected to keep rates low and to raise economic forecasts

Slobodan Drvenica Sep 16, 2020
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Market News

Breaking: US Aug core CPI 0.4% vs 0.2% f/c and 0.6% previous month

Slobodan Drvenica Sep 11, 2020
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Lastest Posts
  • Near-term bias remains negative below 140
  • Bears look for further extension
  • Dollar keeps firm tone ahead FOMC rate decision
  • Extended range trading ahead of Fed policy decision
  • Australian dollar rises to three-week high on RBA’s hawkish shift

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