Federal Reserve (FED)

US jobs numbers are now in focus as investors try to figure out if the Fed has gone too far with the rate hikes. With core inflation continuing lower and the strong GDP growth, there is a certain amount of uncertainty about where the…
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EURGBP seeks support The pound steadies ahead of the Bank of England's policy announcement. The pair is consolidating its gains after rising above the daily resistance of 0.8700. Sentiment remains overwhelmingly bullish though…
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EURUSD hits resistance The US dollar jumps back as accelerating home price growth supports a hawkish guidance from the Fed. The pair had found a foothold over 1.0520 but came under pressure near the previous peak of 1.0690. A U-turn…
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Tomorrow concludes the penultimate meeting of the Fed for this year, with a pretty clear expectation of no policy change. But investors are likely to be very keenly looking for hints about what will happen in December, as a final rate hike…
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AUDUSD tries to rebound The Australian dollar inched higher after September’s retail sales shot above expectations. The pair is still grinding its 12-month low of 0.6270 as the medium-term bulls try to avoid a deeper correction. Its…
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USDJPY under pressure ahead of BoJ meeting The Japanese yen steadies on speculation of further tweak to the BoJ’s yield curve control. The central bank is expected to stay an outlier and maintain its ultra-loose monetary policy. This…
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Gold is in a funny place right now. Since hitting a low at the start of October, it has rallied 10% over the last three weeks. But, it seems to be struggling to get through the strong $2,000/oz technical level. This is because traditional…
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Tomorrow sees the last bit of key economic data that will be released ahead of the FOMC meeting next week. It includes the Fed's favorite inflation measure, Core PCE Index, which makes it pivotal for expectations for whether or not there…
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The consensus among analysts is that the ECB will be true to its word when it meets tomorrow, and not change policy. But, that doesn't mean it's going to be smooth sailing for the markets after the meeting. There are quite a few other…
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