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Forex
Powell speech: Inflation eased substantially but ongoing progress is not assured
Federal Reserve Chairman Jerome Powell explains the decision to leave the policy rate, federal funds rate, unchanged at the range of 5.25-5.5% and responds to…
Canadian Dollar cycles ahead of FOMC rate call and Dot Plot update
The Canadian Dollar is bound in the midrange as investors await FOMC.
Bank of Canada to get drowned out by market’s Fed rate cut expectations.
Fed expected…
Mexican Peso gains ahead of Fed’s decision, USD/MXN dips
Mexican Peso up vs. US Dollar, eyes on Fed and Banxico meetings.
Banxico may ease policy, affecting USD/MXN as rates diverge in favor of Greenback.…
US Dollar nearly erases all gains ahead of Fed’s policy rate statement
The US Dollar sees its fifth consecutive gains starting to fade ahead of the Fed.
Traders brace for the Fed decision, with Powell and new economic…
GBP/USD Price Analysis: Subdued around 1.2700, with bears in charge pre-FOMC decision
The Pound falls versus Dollar, awaiting Fed policy news.
GBP/USD nears 50-day MA; further drops possible as bears target 1.2600.
Break below 1.2700 may…
Pound Sterling falls as soft UK Inflation deepens BoE’s rate cut hopes for August
The Pound Sterling slumps on lower-than-anticipated UK CPI data for February.
Soft UK inflation reinforces market expectations for the BoE to begin reducing…
Gold price slips amid uncertainty ahead of Fed policy meeting
Gold price falls further as the US Dollar rises ahead of Fed’s monetary policy announcement.
The Fed’s dot plot will be the key trigger in the monetary…
US Federal Reserve Decision Preview: All eyes on the interest-rate outlook after rebound in inflation
The Federal Reserve is widely anticipated to keep interest rates unchanged.
The revised dot plot and Fed Chairman Powell’s remarks could provide important…
BoE: The required caution on monetary easing will continue to support the Pound Sterling – MUFG
The Pound Sterling (GBP) has not moved much in response to the February UK CPI data released by the Office for National Statistics (ONS). Economists at MUFG…
DXY to stay bid in a 103.50-104.00 range heading into the FOMC meeting – ING
The US Dollar (USD) is doing a little better as investors prepare for the FOMC meeting. Economists at ING analyze
Greenback’s outlook.
The USD still seems…