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Forex
Iran orders attack on Israel in response for Haniyeh assassination
Iranian Supreme Leader Ali Khamenei has ordered a direct strike on Israel for the killing of Hamas chief Ismail Haniyeh, according to the New York Times on…
EUR/USD cycles familiar levels as NFP jobs dump looms ahead
EUR/USD spun in place on Wednesday after Fed met expectations.
The Fed continues to wait for signs of easing inflation, but looking hopeful.
Friday’s US…
GBP/USD churns below 1.2900 ahead of BoE rate call
GBP/USD is cycling chart paper just south of 1.2900.
Fed rate call in the books, expected BoE rate cut on the cards.
BoE expected to vote 5-to-4 in favor…
US Dollar saw volatility on Wednesday as markets digest Fed’s decision and Powell’s words
US Dollar exhibited strength after market participants took in the Fed's decision.
Despite showing signs of disinflation, the US economy remains resilient,…
Forex Today: Will the BoE dare?
The unexpected rate hike by the BoJ surprised the FX world on Wednesday, while the Fed left its policy rate unchanged, although it signaled a potential rate…
Australian Dollar neutral after local CPI figures and Powell’s words
Aussie remains weak after CPI data from Australia.
The Fed held rates steady as expected and Powell gave clear clues on the next steps.
Divergences between…
Powell speech: There was real discussion about case for reducing rates at this meeting
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…
Breaking: Fed leaves interest rate unchanged at 5.25%-5.5% as expected
The US Federal Reserve (Fed) announced on Wednesday that it left the policy rate, federal funds rate, unchanged at the range of 5.25%-5.5% following the July …
Canadian Dollar finds gains on GDP forecast beat
The Canadian Dollar stepped higher after Canadian GDP beat.
Canada remains underrepresented on the economic calendar this week.
Wednesday’s Fed rate call…
Eurozone inflation disappoints, but signs of consumer pushback bode well for the outlook – ABN AMRO
The flash estimate for HICP inflation showed an unexpected but marginal rise in headline inflation in July, to 2.6% from 2.5% in June. Core inflation held…