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Chair Powell could have been super balanced, or even hawkish. But he effectively chose to endorse the market discount for a rate-cutting phase ahead. It's had quite the reaction. Risk assets are up,...
MON: PBoC MLF, UK Summer Bank Holiday, German Ifo (Aug), US National Activity (Jul) TUE: RBA Minutes, Riksbank Minutes, NBH Announcement, US CaseShiller (Jun) WED: Australian CPI (Jul), Swiss...
EUR/USD is trading at 1.1586, after an intraday high of 1.1617 and a low of 1.1583. The pair is sitting just below its short-term moving averages, with the 15-day moving average at 1.1641 and the...
FTSE 100 steadies at a record high as business activity jumps. EUR/USD unchanged as Eurozone business activity hits a 15-month high. EUR/USD Unchanged as Eurozone Business Activity Hits a 15-Month...
The euro held slightly higher against the US dollar after fresh survey data showed the eurozone economy expanding faster than expected in August. The composite purchasing managers’ index (PMI), which...
Forex market remains calm, with minor volatility in specific currencies like the New Zealand dollar. US Dollar Index exhibits a mild bearish trend amid rising rate cut expectations this year. Euro...
Yesterday’s summit in Washington resulted in a clearer roadmap for peace talks and some openness about security guarantees from the US. But the euro was offered as news flowed, perhaps on the view...
Despite the Western press describing Friday’s meeting as a ’failure’, financial markets are continuing to trade like there could be some – still undetermined – path to peace. Benign conditions look...
US core inflation accelerated to 0.3% MoM in July, but markets don’t think that is enough to prevent a September Fed cut. That paves the way to more US Dollar weakness, although some caution may...
EUR/USD steady above 1.16 as markets await key US inflation data release. Fed rate cut odds remain above 80% after weak labor market figures last month. Trump extends China tariff relief, Alaska...
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