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The US dollar, after hitting a yearly low, is showing signs of recovery. The jobs report will be a decisive factor for the rebound going ahead. Resistance is at the 102 level, with potential support...
USD: Consolidation or base-building? There is quite a popular view out there that with 100bp of Fed cuts priced by the end of this year and a terminal rate already priced at 3.00%, the dollar does...
The Eurozone will release its first reading of the August consumer price index on Friday. After a stubborn reading in July, investors will be wanting to know if prices have moderated again, enough to...
USD: The activity data will now be key As James Knightley discusses here, Fed Chair Jerome Powell used his speech at the Jackson Hole symposium to pre-announce the start of the Fed's easing cycle in...
Odds are firmly against the bulls, as US dollar keeps heading lower. As of now, the greenback is approaching a critical support at 100. Break below this level could lead to a bigger decline. For...
USD After struggling for almost the entire week, Thursday saw the dollar begin to stage a turnaround, helped by commentary from Fed officials. As we have noted previously, market expectations for Fed...
USD: Cautious Powell may give some help to the dollar The latest batch of US data has not firmly argued in favour of a 50bp Federal Reserve rate cut in September, and most FOMC members have also...
The EUR/USD pair has surged to its highest level in over a year. The market is now focused on Jerome Powell's upcoming speech alongside some key economic data from the US. In this piece, we'll take...
USD The greenback continued its slide to start the week, with the broad dollar giving up almost 0.5% despite a light domestic data calendar. That said, these selloffs leave the greenback looking...
The EUR/USD pair is nearing a critical resistance level at 1.11 as the greenback weakens ahead of Jackson Hole. Federal Reserve minutes and Jerome Powell’s Jackson Hole speech are key this...
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