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Forex
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…
EUR/USD probably risks a drift to the 1.0800 area pre-FOMC – ING
EUR/USD ended lower on Tuesday despite a bounce in the German ZEW investor survey back to levels last seen in early 2022. Economists at ING analyze the pair’s…
Gold price flat-lines above $2,150 level, going nowhere in a hurry ahead of FOMC decision
Gold price struggles to gain any meaningful traction and hangs near a one-week low.
Hawkish Fed expectations underpin the USD and act as a headwind for the…
NZD/USD extends downside to 0.6040 ahead of Fed policy, NZ Q4 GDP
NZD/USD falls to 0.6040 as dismal market sentiment dampens the appeal of risky assets.
The US Dollar consolidates ahead of the Fed’s policy meeting.
The NZ…
US Dollar Index extends upside below the 104.00 mark, Fed rate decision looms
The US Dollar Index (DXY) gathers strength around 103.88 in Wednesday’s early European session.
The US Fed is likely to leave the interest rate unchanged…
EUR/USD Price Analysis: Holds steady above mid-1.0800s, lacks follow-through ahead of Fed
EUR/USD attracts some buyers and moves away from a two-week low set on Tuesday.
The technical setup warrants some caution for bullish trades ahead of the…
ASX 200 fluctuates around 7,710 due to market caution ahead of Fed decision
ASX 200 loses ground ahead of Fed policy decision.
RBA’s Bullock underscored that the battle against inflation is not yet won.
PBoC has kept interest rate…
Japanese Yen adds to post-BoJ losses, plummets to fresh YTD low against USD
The Japanese Yen dives to a multi-month low in the wake of the BoJ’s dovish hike on Tuesday.
Hawkish Fed expectations underpin the USD and lend additional…
PBoC leaves Loan Prime Rates unchanged, as expected
The People's Bank of China announced on Wednesday that it maintained the Loan Prime Rate (LPR) unchanged across the time curve.The Chinese central bank left…