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The NFP report is expected to show 180K net new jobs and wages rising 0.3% m/m. With the Fed now likely pausing, traders will be more sensitive to unexpected weakness in the labor market than...
The European Central Bank raised interest rates by a quarter of a percentage point to 3.75%, duplicating the Fed's move the day before. This was the move that market analysts had been predicting,...
The EUR/USD formed an upside breakout following yesterday’s FOMC release. While the bulls hope the rally will continue and break far above the April high, the trading range will likely...
ECB will ensure that the policy rates will be brought to levels sufficiently restrictive ECB expects to discontinue the reinvestments under the APP as of July ECB slows rate-hiking pace to 25bps (as...
The EUR/USD pair is holding to recent gains, but still limited by the 1.1100 psychological area. Is it near year-to-day highs and moving with a bullish tone ahead of the European Central Bank’s...
ECB expected to raise rates by 25 bp Federal Reserve hikes rates by 25 bp Powell signals a pause in June EUR/USD is trading quietly on Thursday, ahead of the ECB decision later today.ECB expected to...
Overview: Without making a commitment, the Federal Reserve opened the door to a pause in its tightening cycle and the market has concluded it is over. The dollar slumped to new lows for the move...
US dollar and Fed takeawaysThe Fed hiked rates by 25bps to the 5.00-5.25% range, as widely expected. In its statement, the FOMC removed its reference to future interest rate increases, hinting at a...
The EUR/USD tried to break out below the moving average (blue line) but failed to close below it and reversed up, forming a bull reversal bar. The bulls see this as another failed breakout attempt of...
The EUR/USD pair rebounded on Tuesday from weekly lows, back above 1.1000, keeping the familiar price range. The euro outperformed ahead of the European Central Bank meeting while the US dollar...
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