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Forex
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…
DXY: Waiting for the Fed meeting – DBS
The Dollar Index (DXY) was barely changed at 104.07 before today’s FOMC meeting, DBS FX analyst Philip Wee notes.
The anticipation is almost killing
“During…
All eyes on the Fed – Commerzbank
There was a lot of data released on Tuesday, but it did not seem to have much of an impact on the EUR/USD exchange rate, Commerzbank’s FX analyst Volkmar Baur…
US Dollar slides further after weak US ADP Employment
The US Dollar falls on expectations that the Fed will deliver a dovish guidance.
Investors see the Fed acknowledging progress in inflation and growing risks…
JPY: BoJ surprise hike doesn’t cause JPY rally – ING
The Bank of Japan raised interest rates to 0.25% today, in line with our call but against consensus and market pricing. The BoJ also announced bond purchases…
Pound Sterling Price News and Forecast: GBP/USD sellers look to retain control despite improving risk mood
GBP/USD Forecast: Sellers look to retain control despite improving risk mood
After rising above 1.2850 during the European trading hours on Tuesday, GBP/USD…
EUR/JPY slumps to multi-month lows below 163.00 on hawkish BoJ action
EUR/JPY stays under heavy bearish pressure and trades below 163.00 on Wednesday.
The Bank of Japan unexpectedly raised its policy rate by 15 basis points.…
NZD/USD: Bulls are set to test 0.5930 – UOB Group
The bias for the New Zealand Dollar (NZD) is tilted to the upside; it remains to be seen if any advance can break the strong resistance level at 0.5930, UOB…
Forex Today: Focus shifts to US data and Fed following BoJ’s unexpected hike
Here is what you need to know on Wednesday, July 31:
After a volatile Asian session that featured inflation data from Australia and the Bank of Japan's (BoJ)…
BoJ’s Ueda: Judged appropriate to adjust degree of easing
Speaking at the post-policy meeting press conference on Wednesday, Bank of Japan (BoJ) Governor Kazuo Ueda said that the Bank “judged appropriate to adjust the…