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Markets
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Fed set to deliver another cut despite growing divisions over rate path
The United States (US) Federal Reserve (Fed) will announce its interest rate decision on Wednesday, with markets widely expecting the US central bank to deliver a final 25 bps cut…
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Gold trades cautiously as markets brace for Fed interest rate call
Gold (XAU/USD) edges slightly lower on Wednesday, with price action contained inside the recent consolidation zone as markets brace for the Federal Reserve’s (Fed) interest rate…
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Monetary policy remains in good shape
European Central Bank (ECB) President Christine Lagarde said in an interview at the Financial Times (FT) Global Boardroom Conference in London during the European trading session…
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Likely to trade with a downward bias – UOB Group
US Dollar (USD) is likely to trade with a downward bias, but is unlikely to break below 7.0540. In the longer run, outlook for USD remains negative; the next level to watch is…
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EUR/JPY tests long-term highs at 182.60 amid generalised Yen weakness
The Yen remains the worst-performing currency of the G8 majors this week. EUR/JPY downside attempts have been contained above a previous high, at the 182.00 area earlier on…