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Forex
EUR/USD tumbles to 1.0660 on firm ECB rate cut bets for June
EUR/USD slumps to 1.0660 as ECB rate cut bets for June strengthen.
The US Dollar strengthens as the Fed is anticipated to start reducing interest rates…
Fed’s Collins sees ‘in the range of two’ rate cuts for 2024
Boston Federal Reserve (Fed) President Susan Collins said on Friday, she sees 'in the range of two' rate cuts for 2024.
Additional quotes
Still expecting…
USD/CAD approaches 1.3750 as Fed to delay rate cuts
USD/CAD jumps to 1.3735 as the Canadian Dollar weakens on dismal market sentiment.
Investors turn risk-averse as trades priced out Fed rate cut hopes for…
Silver Price Analysis: XAG/USD sets for strong weekly gains on escalating geopolitical tensions
Silver price rallies to $29, boosted by safe-haven demand due to geopolitical tensions.
A decline in US yields has reinforced demand for non-yielding…
Pound Sterling managed to capture capital outflows out of the Euro
GBP/USD Forecast: Sellers could take action if 1.2500 support fails
After posting small gains on Thursday, GBP/USD turned south and touched its lowest level…
GBP/USD plummets below 1.2500 as US Dollar dominates due to faded Fed rate cut prospects
GBP/USD plunges below 1.2500 as faded Fed rate cut hopes strengthen the US Dollar.
The market sentiment is risk-off as the Fed is expected to delay rate…
ECB to cut policy rates at each and every meeting from June onwards – ABN Amro
Nick Kounis, Head of Financial Markets and Sustainability Research at ABN Amro, notes that the European Central Bank (ECB) President asserted that while the…
UK GDP on track to surprise BoE to upside in Q1 – TD Securities
Analysts at TD Securities assess the latest Gross Domestic Product (GDP) data from the UK.
Quarterly GDP on track to surprise the MPC to the upside
"UK GDP…
ECB gave some strong hints that a June cut is forthcoming – Rabobank
Reviewing the European Central Bank's (ECB) monetary policy announcements following the April meeting, Rabobank analysts noted that the ECB gave some strong…
JP Morgan fails to shine, as Citi bounces back
After the US CPI print on Wednesday, the market’s attention is now on the first quarter earnings season. The focus is on JP Morgan, as it is the biggest bank…