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Forex
Dow Jones stumbles ahead of Fed rate call
The Dow Jones Industrial Average (DJIA) withered on Tuesday, shedding another 120 points in a second straight soft day. Rate-cut-hungry markets hunker down for the wait to this…
FX Today: It’s the Fed; nothing else matters
The US Dollar (USD) managed to add to Monday’s optimism as market participants geared up for the last FOMC event of the year on Wednesday. Firm data from the weekly ADP report and…
GBP/USD pulls back as US Dollar firms on jobs data ahead of Fed meeting
GBP/USD pulls back as US Dollar firms on jobs data ahead of Fed meetingGBP/USD drops below the key support level seen at the 200-day Simple Moving Average (SMA) of 1.3331 and…
GBP/USD slides as US jobs data lifts US Dollar ahead of Fed decision
GBP/USD drops below the key support level seen at the 200-day Simple Moving Average (SMA) of 1.3331 and weakens by some 0.21% on Tuesday as traders brace for the policy decision of…
USD/JPY extends advance as firmer US labour data lifts the Dollar ahead of Fed decision
The Japanese Yen (JPY) weakens against the US Dollar (USD) on Tuesday, with USD/JPY extending gains for the third straight day as the Greenback strengthens following firmer…
Focus on price, trend, and momentum
Investopedia is partnering with CMT Association on this newsletter. The contents of this newsletter are for informational and educational purposes only, however, and do not…
USD softens ahead of FOMC – Scotiabank
The US Dollar (USD) has eased back a little this morning, reversing some of the gains seen yesterday, as markets hold on to broader ranges ahead of tomorrow’s FOMC decision. Stocks…
EUR/USD treads water with all eyes on US employment figures
EUR/USD has turned negative on the daily chart after failing to return above 1.1650 and is trading at 1.1635 at the time of writing. Recent price action reveals a hesitant market,…
Pound Sterling flattens against USD ahead of US Job Openings data, Fed policy
The Pound Sterling (GBP) continues to trade in a tight range above 1.3300 against the US Dollar (USD) during the European session on Tuesday. The GBP/USD pair trades sideways as…
RBA holds rates at 3.60%, signals hawkish pause – BBH
The Reserve Bank of Australia (RBA) kept its cash rate steady at 3.60%, emphasizing an end to easing and hinting at the potential for a future hike, while AUD/USD rebounded toward…