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Powell signals Fed may be done raising rates, pushing June hike odds into reverseDollar takes a tumble but quickly finds its footingStocks also struggle amid ongoing debt ceiling drama as clock keeps...
Federal Reserve Chair Powell's offered a stronger case for a pause in the monetary tightening before the weekend and this sapped the dollar's mojo. The US Dollar Index is mostly consolidating through...
The RBNZ looks set to raise rates for a 12th time in the coming week, while inflation figures out of the United Kingdom and United States will be crucial in shaping rate hike expectations. After some...
Overview: The dollar sprang higher yesterday but follow-through buying today has been limited. The little more than 0.5% gain in the Dollar Index was among the largest since mid-March. And...
AUD/USD has now established a new range from 6580/70 up to 6790/6810. A high for the day exactly here on Monday so we remain in the 2-month range.Shorts hit my target & minor support at 6750/45. I...
Dollar rises as Fed survey eases recession fearsRisk-linked currencies gain more on improving sentimentSpotlight turns to US CPI numbersWall Street trades mixed ahead of the dataFed loan survey lends...
US dollar stays on the backfoot even as jobless rate unexpectedly dips in AprilFed rate cut bets still elevated; will inflation data alter anything?US bank stocks rebound but worries persist, debt...
Following the FOMC and ECB decisions last week, the central bank torch will now be passed to the BoE, which will deliver its decision on Thursday. A 25bps hike is mostly priced in, so the spotlight...
First Republic Bank’s shares plunge NZD/USD falls to a one-month low New Zealand releases business confidence on Thursday First Republic Bank woes continueHas the bank crisis resurfaced? There...
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