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Despite two dissenting votes, the Fed delivered a broadly hawkish hold, with Chair Powell remaining firm on his inflation call and forcing markets to trim September cut bets. The US dollar’s rally...
Two FOMC members voted for a 25bp rate cut, having openly stated that they agreed with the President there was a case for lower borrowing costs. However, the rest of the committee are reluctant with...
Euro weakens despite upbeat GDP and trade optimism; focus shifts to US data and Fed. EUR/USD holds key support; traders await FOMC tone and fresh rate-cut signals. High beta names rise, but oil and...
We expect another leg lower in EUR/USD today, driven by an above-consensus 3.3% quarterly annualised US GDP, which should come in stark contrast with stagnant eurozone numbers. After that, we expect...
US-EU trade deal boosts dollar, drags EUR/USD lower toward 1.1450 support zone. Fed dissent grows as two officials may back rate cut against Powell’s stance. Russia risks fresh tariffs, with India...
The biggest takeaway from yesterday's sell-off in the euro was that some of this year's highest conviction trades were becoming a little stale. EUR/USD has already had a decent correction even before...
The US and EU confirmed a long-anticipated trade pact, halving threatened tariffs and pledging major investment and energy deals. The euro (EUR/USD) firmed, gold (XAU/USD) extended losses, and...
Interest rates have moved higher around the world as equity markets rally on a sense of optimism. The biggest factor behind that this week has probably been the US-Japan trade deal and the sense that...
Asia Market Wrap - Sentiment on the Up Global stocks hit a new record high, boosted by a 1% rise in Asia. Japanese markets surged up to 2%, driven by strong performance in the financial sector, while...
EUR/USD edges lower amid trade deal reports & ahead of the ECB rate decision. FTSE hits a record high. EUR/USD is edging modestly lower after three days of gains amid optimism that the European...
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