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The dollar has broken to new lows for the year after a relaxed-sounding Fed Chair Powell said there were the first clear signs of disinflation. He also failed to push back too aggressively on lower...
US Dollar: Action kicks off tomorrowThe dollar starts the week in very narrow ranges and not far from the lows of the year. This week will stress test the consensus view amongst investors that i) the...
Notable yesterday was the dollar selling off after the Bank of Canada said it was ready to pause/end its tightening cycle. Some in the market could be thinking the Fed is of a similar mindset. At the...
To quote a former UK Prime Minister, when asked about the most significant challenges faced by his administration, the answer came: “Events, dear boy, events”. The same can be said for...
Bulls got a strong entry bar following last Friday’s strong outside up bar. Bulls want an upside breakout above the January high; however, even if they get it, the odds favor sellers not far...
USD: FOMC Minutes Barely Move the NeedleLast night's release of FOMC minutes could have been perceived as slightly hawkish, yet FX and interest rate markets barely budged. At the heart of the...
The dollar has started 2023 with some stability after suffering heaving losses for large parts of the last quarter. Asset managers keen to earn their fees will be looking to put money to work and will...
The currency major begins the main week of December with a minor decline by 1.0520. All the key events of the week are focused on the days to come. On Tuesday, the US will issue the November...
Markets may have over-priced Federal Reserve pivot Charts point to ‘oversold’ conditions on USD/JPY around key levels Long-term trend positive due to still-growing policy divergence...
Fed Chair Jerome Powell will remind the market of the central bank's hawkish determination today, supporting the dollar. Meanwhile, softer inflation is trimming expectations in the eurozone. Polish...
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