US Dollar’s Suffers Biggest Drop 7 Years, Is That the Start of Something?

The Federal Reserve made clear its intention to keep up its inflation fight, but that drive will only last so long. The DXY Dollar Index suffered its biggest daily drop since December 2015 to end this past week, while stretching a record-breaking run above the 100-day moving average. Will CPI, UofM survey or risk trends change that trend?

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Australian Dollar Outlook: Wings Clipped by the RBA

The Australian Dollar lost ground after the RBA continued to tilt away from a hawkish stance and the US Dollar was underpinned by a Fed hosing down inflation. Will AUD/USD go lower?

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Crude Oil Forecast: Brent Surges on Weaker USD as NFP Takes Centre Stage

Brent crude oil keenly awaits NFP data later today after taking advantage of a softer USD.

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USD/CAD Reverses Ahead of 50-Day SMA to Eye Yearly High

USD/CAD may attempt to retrace the decline from the yearly high (1.3978) as it reverses ahead of the 50-Day SMA (1.3248).

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Bitcoin Price Outlook: BTC/USD Bounces Back Despite a Strong US Dollar

Bitcoin prices have bounced back after a temporary retest of $20039. With rising US yields and a strong USD driving sentiment, how long can the range hold?

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US Rates Surge Following Hawkish FOMC Hike – NFPs Eyed

US Treasury yields are pushing higher as the Fed says rates need to go higher than previously expected.

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EUR/USD Heads Lower, ECB Can’t Match Fed Firepower

The perception that the US central bank is more willing and able to raise borrowing costs has only sharpened following Wednesday's session.

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Gold Hammered as Fed Chair Powell’s Commentary Sends US Treasury Yields Soaring

Gold is within touching distance of making a fresh two-and-a-half-year low after US Treasury yields jumped following the latest FOMC meeting.

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USD Forecast: DXY Pushes Upper Bounds of Key Technical Pattern Post-FOMC

The US dollar is trading higher this morning as markets digest the FOMC statement in a hawkish light ahead of tomorrow’s NFP.

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AUD/USD to Track 50-Day SMA amid Failure to Test October High

AUD/USD may track the negative slope in the 50-Day SMA (0.6552) following the failed attempts to test the October high (0.6547).

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FTSE 100 Pressurized by Resistance as the Fed Takes Center Stage

FTSE 100 remains under pressure as investors look for clues on when rate hikes might ease. As UK stocks struggle to gain traction, psychological resistance firms.

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South Africa Top 40 Index (SA40) Wrestles with Resistance Below 62000

South Africa’s major stock index, SA40 continues to move higher despite heightened geopolitical risks and a resilient Dollar. Can the South Africa Top 40 index rise above 62000?

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EUR/USD Outlook: 0.9850 Support Holds Firm as Markets Await Clarity

The pair has retreated further from parity to retest last week’s trendline break. Will the FOMC meeting give the pair some much needed direction?

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Gold Prices Hold Nascent Uptrend As Markets Look To Fed

The yellow metal has seen relentless pressure this year as interest rates have risen, but hopes for, perhaps, a pause, have lent some support.

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The US Dollar (USD) is Primed For Action with November’s Fed Decision Imminent

This week’s big event, the latest Federal Reserve rate decision, is upon us and the US dollar is prepared for a move.

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Crude Oil Forecast: Brent Bid on Possible Reduction in China’s COVID Policies, API & FOMC

Brent crude oil pushed higher after several fundamental catalysts provided upside support ahead of FOMC later this evening.

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FOMC Strategy Amid a Strong S&P 500 Rebound and Buoyant Dollar

We are heading into this week’s top event risk: the FOMC rate decision. The market consensus is for a fourth consecutive, 75 basis point rate hike; but that exceptional extension of a historical hawkish charge is likely baked in. So what should we focus on for this key event and what markets are most exposed?

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New Zealand Dollar May Rise Against USD and AUD After NZ Job Numbers Impress

The New Zealand Dollar may rise against the US Dollar and Australian Dollar after the island nation’s third-quarter employment numbers beat estimates, underpinning RBNZ rate hike bets.

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S&P 500 Extends Losses as Yields Charge Higher ahead of key Fed Decision. Now What?

US stocks erased strong morning gains and finished lower after better-than-expected US economic data triggered a jump in yields ahead of the Fed's monetary policy decision on Wednesday.

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British Pound News: GBP Dictated by USD Ahead of FOMC

GBP/USD remains planted around the 1.15 level while markets keenly await FOMC and BoE rate decisions.

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