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Markets
USD/CNH hits 13-month lows below 7.0800 as Fed rate cut bets increase
USD/CNH extends its losses for the fourth consecutive day, reaching a 13-month low of 7.0782 during the Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) comes…
USD/CHF retreats to mid-0.8000s as Fed rate cut bets weigh on USD
The USD/CHF pair is seen extending the previous day's pullback from a nearly three-week top – levels just above the 0.8100 mark – and losing ground for the second straight day on…
GBP/USD rises ahead of the UK Autumn Budget
GBP/USD rises to near 1.3200 ahead of UK Autumn BudgetGBP/USD continues its winning streak for the fifth consecutive day, trading around 1.3190 during the Asian hours on Wednesday.…
There is a lot of uncertainty about where neutral rates are, where they are going
The Reserve Bank of Australia's (RBA) head of international department said on Wednesday that there is a lot of uncertainty about where neutral rates are and where they are…
RBNZ Governor Hawkesby is set to hold a press conference after the 25 bps OCR cut
Reserve Bank of New Zealand (RBNZ) Governor Christian Hawkesby is set to hold a press conference at 02:00 GMT, following the announcement of the monetary policy decision on…
Australia’s CPI inflation climbs to 3.8% YoY in October vs. 3.6% expected
Australia’s Consumer Price Index (CPI) climbed by 3.8% year-over-year (YoY) in October, following a 3.5% increase reported in the previous reading, the latest data published by the…
Wall Street trades the Über-dove Fed trial balloon as AI enters its TPU age
US stocks didn’t simply rise on Tuesday — they traded as if someone quietly reached under the market’s chassis and flipped every switch that matters: the Fed chair succession, a…
Tumbles below 156.00 as US economy slows down
USD/JPY makes a U-turn and tumbles over 0.54% on Tuesday as investors grew confident that the Federal Reserve will cut rates at the December meeting, following a soft US inflation…
Euro strengthens on softer US figures, dovish repricing intensifies
EUR/USD registers solid gains of over 0.51% on Tuesday, boosted by a weaker US Dollar, as data reinforced traders’ speculation that the Federal Reserve might reduce rates at the…
SP500 Elliott Wave update: Is the correction over?
We have been monitoring the SP500 (SPX) to reach approximately 7120 in an Elliott Wave (EW) Principle impulse (five-wave) move upward from the early April lows for a more…