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Watch today’s US Open for commentary on the latest policy decisions by the Fed that hinted to a pause and the ECB, which moderated the pace of tightening, but pointed to more rate hikes
FXCM's USDOLLAR daily chart shows the low volatility of the right shoulder. Its Bollinger bands are squeezing tightly. Markets cannot stay at rest for long, so the squeeze suggests an expansion of volatility may be expected soon.
The pair extended its gains today, as wages rose further in the first quarter in New Zealand, putting pressure on inflation and the central to maintain its hawkish stance
Watch today’s US Open for commentary on the surprise rate hike of the Reserve Bank of Australia, the acquisition of First Republic by JP Morgan ahead of the Fed’s policy meeting and more
The pair faces difficulties this week, with mixed Eurozone inflation figures blurring the monetary policy outlook ahead of the decisions by the US Fed and the European Central Bank
The Reserve Bank of Australia stunned markets by restarting its rate hike cycle today, sending the pair higher, but the upcoming policy decision by the US Fed looms
The central bank of Australia raised rates by 25 bps against market expectations for another hold, while keeping the door open to further tightening
In the first meeting under new Governor Mr Ueda, the BoJ stood pat on its easy policy setting, but tweaked its forward guidance and upgraded its inflation forecast
Watch today’s US Open for commentary on the strong quarterly results by tech heavyweights, the persistent fears over the health of the financial system, the latest GDP figures from the US and more
Today’s data showed that CPI inflation moderated to 7% y/y in the first quarter in Australia, not long after the country’s central bank had paused its year-long rate hike cycle
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