Fed’s Hawkish Shift Sparks USD/JPY Rally Towards 160 – What’s Next?
The Federal Reserve delivered a widely anticipated 25 basis point rate cut yesterday but surprised markets with a notably hawkish tone. While...
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Bank of England to Hold Rates: Faster Cuts Expected in 2025
The Bank of England (BoE) has opted to keep interest rates steady at its latest meeting, signaling a cautious approach compared to...
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Fed’s December Rate Cut: A Slower, Steadier Course Ahead
The Federal Reserve is poised to adjust its monetary policy with a significant 25 basis points (bp) rate cut on 18th December...
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EURUSD and EURCHF: Global Markets in Focus
Yesterday’s Recap: CPI and Bank of Canada Take the Spotlight Yesterday, the markets digested critical updates from both the U.S. and Canada,...
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RBA Holds Rates Steady at 4.35%, Signals Easing Inflation Pressures
The Reserve Bank of Australia's (RBA) decision to keep rates steady at 4.35% and its slightly dovish tone suggest that while inflation...
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Central Banks Shape Markets Ahead
The coming week is set to be pivotal for global financial markets, with key central bank meetings and critical economic data releases...
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USD/JPY Slides on BoJ Hawkish Hints; EUR/JPY Signals a Clear Bearish Break
The USD/JPY pair is slightly lower this morning as dovish Bank of Japan (BoJ) policymaker Toyoaki Nakamura hinted he’s not entirely opposed...
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USD/CNH Poised for Breakout: Will resistance Hold or Give Way?
The USD/CNH pair is drawing significant attention as it edges closer to a crucial resistance level of 7.31142—the highest level seen since July....
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NFP Showdown: Will the Jobs Report Seal the Fed’s Next Move?
The upcoming week in the financial markets is set to revolve around a critical economic data release: the November Non-Farm Payrolls (NFP)...
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Rates, Rallies, and Resolutions in the Last 24 Hours
The past 24 hours have been a whirlwind for global markets, with pivotal developments across monetary policy, inflation data, and geopolitical affairs....
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EUR/JPY in the Spotlight: Is a Slide to 151 on the Cards?
The EUR/JPY pair continues to show weakness, reflecting a supportive shift in Japan’s fiscal and monetary policy mix. This chart illustrates the...
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Global Markets on Edge: Key Inflation and GDP Data to Shape the Week Ahead
The global economy is entering a pivotal week, with key data releases poised to influence market sentiment and shape monetary policy expectations....
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NVDA: Riding the AI Wave to Unprecedented Highs
Earnings Snapshot: Strong Beat on EPS and RevenueNVIDIA (NASDAQ: NVDA) delivered another quarter of exceptional financial performance for period ending in 27th...
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EUR/USD: Navigating the Bearish Tide Under ECB Hawks and Rate Differentials
EUR/USD is attempting a brief correction amidst mixed signals from both fundamental and technical perspectives. Recent comments from ECB officials, alongside shifting...
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Chips and CPI: Crunching Numbers and NVIDIA’s Next Move
In October, U.S. inflation increased to 2.6% year-over-year from 2.4% in September, marking the first rise since March. This persistent inflation is...
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Dollar Bulls Hold Steady on Strong U.S. CPI and Fed Watch
The U.S. dollar remains in the spotlight this morning as investors eagerly snapped up the greenback following yesterday’s U.S. Consumer Price Index...
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USD/CAD Breaks Out of Ascending Triangle – Eyes on 1.4350 Target
USD/CAD has officially broken out of an ascending triangle pattern, setting the stage for a potential rally towards the 1.4350 level. The...
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From Trump Bumps to CPI Jumps: Last Week’s Market Moves & What’s on Deck
As earnings season ended, markets pivoted to major political and macroeconomic news, with Trump’s win reshaping the outlook for the economy and...
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Trump’s Second Rodeo and What It Means for Markets
With Donald Trump securing victory in the U.S. presidential election, financial markets are responding swiftly to what many view as a significant...
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AUD/USD Outlook Following RBA Update
Data Source: Trading Economics The Reserve Bank of Australia (RBA) held the cash rate steady at 4.35%, aligning with market expectations as...
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Rate Decisions and a High-Stakes Election: Markets Brace for a Pivotal Week
A High-Stakes Election Source: CNN Election (Tuesday):The upcoming U.S. election will be pivotal for economic policy direction. While recent polling suggests a...
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Preview of Apple and Amazon Q3 2024 Earnings
Apple and Amazon, two of the most watched tech giants, are set to release their Q3 2024 earnings later today. Analysts and...
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Q3 2024 Earnings Insights for AMD, Alphabet, Microsoft, and Meta
As we approach another highly anticipated earnings report cycle, market participants are closely watching key players in the tech industry. This morning,...
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Apple, Googles and Microsoft’s Earnings Reports and BoJ Interest Rate Decision
This week was marked by significant earnings reports and key central bank decisions. Tesla led the headlines, surpassing earnings expectations and providing...
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BoC Rate Cut Anticipation and Earnings Breakdown
BoC Interest Rate Cut Decision The market is currently pricing in a 45 basis point (bp) rate cut by the Bank of...
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Dollar Macro Trends and Today’s Earnings Overview
The U.S. dollar is gaining strength early this week, driven by a surge in U.S. Treasury yields. This momentum is further bolstered...
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A Packed Earnings Week and Major Central Bank Decision Looms
As we head deeper into the Q3 2024 earnings season, the spotlight shifts to several big names in the coming week, including Amazon...
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Netflix’s Blockbuster Q3 2024: Ready to Stream Higher Pre-Market After Strong Earnings
Netflix is kicking off Q4 2024 on a high, with its stock set to open nearly 6% higher pre-market following its impressive...
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All Eyes on Tomorrow’s ECB Interest Rate Decision
The European Central Bank (ECB) is widely expected to cut interest rates by 25 basis points (bp) at its upcoming meeting, as...
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Dollar and Oil Divergence
The Dollar Surges as Oil Declines Source: European Central Bank Yesterday, the dollar and oil prices took divergent paths in the financial...
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ECB Rate Cut Showdown: Inflation Dives, Markets Brace for Impact – GBP/USD Eyes Reversal
Next week is shaping up to be pivotal for the financial markets, with a major focus on the European Central Bank's (ECB)...
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Sticky US CPI Keeps the Dollar Firm
Data Source: Trading Economics Markets are gearing up for a critical US CPI report today, with consensus expecting a slight drop in...
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RBNZ Rate Cut Showdown
Data Source: Trading Economics and Yahoo Finance As the Reserve Bank of New Zealand (RBNZ) gears up for its much-anticipated monetary policy...
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Global Markets on Edge: Middle East Tensions and New Zealand’s Rate Cut Shake Up Outlook
This week has been marked by a strong bullish run for the US dollar, bolstered by a hectic combination of central bank...
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Markets Eye Jobless Claims, ISM Services, and Middle East Tensions
The financial markets are set for another volatile day as key U.S. economic data and global events drive investor sentiment. Today's releases...
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Q4 2024 Equities Outlook: Navigating Volatility, Rate Cuts, and Global Growth Trends
Brief Breakdown of Q3 2024 • Market Volatility: Q3 saw increased volatility driven by concerns over a potential economic slowdown and the...
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The Hawk and the Dove: Why GBP/JPY is Set for a Bearish Flight
GBP Fundamentals: The British pound (GBP) is under pressure due to slowing economic growth and expectations of accelerated Bank of England (BoE)...
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With Inflation Cooling, All Eyes Turn to Jobs
As we look ahead to next week's economic data, the recent inflation report provides a more benign outlook. The August personal income...
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RBA Holds Cash Rate Steady at 4.35% Amid Persistent Inflationary Pressures
The Reserve Bank of Australia (RBA) has maintained its cash rate at 4.35% during its most recent monetary policy meeting, while the...
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Central Banks Playing Limbo – How Low Will They Go?
The Federal Reserve made waves this past week slashing interest rates by 50 basis points (bps), signalling a dramatic shift toward a...
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Fed Cuts Deep, BoE Stays Cool
Federal Reserve Rate Cut: A Bold Move The Federal Reserve's decision to cut its federal funds rate by an unexpected 0.5 percentage...
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Fed Rate Cut on the Horizon: Will the S&P 500 Wave 3 Ride Breakout or Bounce?
Data Source: CME Group As the Federal Reserve’s September 2024 meeting approaches, market expectations are highly focused on the potential for a...
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Bank of England Interest Rate Decision and Market Implications
Overview of the Bank of England’s (BoE) Monetary Policy Stance On Friday, 20th September 2024, the Bank of England is set to...
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EUR/USD: ECB Cuts Rates, US Data Stays Steady
The market has been relatively quiet this week, but we did get some fresh moves from the European Central Bank (ECB). They’ve...
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Gold’s Bullish Rally: A Strategic Look at its Momentum
Gold continues to glitter as one of the top-performing commodities in 2024, and it shows no sign of slowing down. This precious...
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Inflation Eases, Rate Cuts Loom, Growth Slows
This past week, we’ve seen a mix of signals from the economy, and the data released highlights just how complex and nuanced...
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US Oil – Sell-off Due to Libyan Supply
US Oil has recently faced significant pressure, with prices experiencing a sharp decline. The primary driver behind this sell-off has been the...
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ISM Manufacturing in Focus
As U.S. markets reopen after the Labor Day weekend, investors are bracing for potential volatility driven by key economic data releases. The...
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The Rollercoaster of Global Markets – Buckle Up!
As we approach another week in the thrilling world of global economics, it's time to prepare for a ride that promises a...
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NVIDIA’s Growth Story: What’s Next for the AI Giant?
NVIDIA has been the darling of the tech world, riding the wave of AI and data centre demand to achieve record-breaking revenues....
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CHF/JPY Poised for a Breakout
Today’s Chart of the Day features the Swiss Franc against the Japanese Yen (CHF/JPY), where the currency pair is currently exhibiting a...
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Monetary Manoeuvres: What This Week’s Economic Data Could Mean for U.S. and Eurozone Rate Cuts
As we move into the upcoming week, both the United States and Eurozone are set to release crucial economic data that will...
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Shifting Sands: USD Faces Pressure Amid Key Data Releases
As financial markets keep a watchful eye on the ebb and flow of global currencies, the U.S. dollar is showing signs of...
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Tasman Sea Tussle: AUD/NZD’s Potential to Shine
The AUD/NZD pair is currently presenting an interesting opportunity for traders, particularly those eyeing carry trade strategies. As the Reserve Bank of...
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Central Bank Chess: The Fed’s Next Move and Eurozone’s Economic Jitters
Key Takeaways Jackson Hole Symposium: The Federal Reserve may signal that monetary policy is overly restrictive, with a focus on easing interest rates...
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Following the RBNZ’s rate cut, we anticipate no unexpected rise in CPI.
As we step into today's trading session, the focus remains heavily on the interplay between monetary policy shifts, particularly those from the...
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U.S. PPI Data Could Set the Tone for Global Equities Today
Today, all eyes are on the U.S. Producer Price Index (PPI) as it presents the first inflation-related challenge of the week for...
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RBNZ Holds Steady While Bitcoin Struggles to Find It’s Moon Boots
Yesterday’s exaggerated market reaction to the jobless claims figures highlighted the extraordinary sensitivity of investors to any signals about the US macroeconomic...
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What’s Next for USD, EUR, and the Fed?
USD Stability Amidst Economic Data and Fed Actions S&P 500 Index Nikkei 225 Recent sessions have shown a semblance of stability in...
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The Dollar and Equities Market Post-Panic
Japanese equities experienced a continued rebound this morning, and futures indicate a positive opening for US and European equities. Notably, European markets...
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RBA: Will They or Won’t They and SPX in Trouble
Today, the market (SPX) experienced a significant downturn with the VIX up by 50%. This volatility was driven by worse-than-expected ISM manufacturing...
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NVIDIA’s (NVDA) Bullish Flag
Source: Data from Stock Unlock. Image Created by Alchemy Markets NVIDIA (NVDA) has been on a tear this year, seeing its stock...
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Rate Cuts Showdown: The Fed and BoE Set the Stage
As global economies navigate turbulent waters, central banks play a pivotal role in steering monetary policy. The Federal Reserve's recent decision, coupled...
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Inflation Trends and Rate Decisions
The recent inflation data from Australia presents a mixed bag. Headline inflation remained stubbornly high, rising by 1.0% quarter-on-quarter (QoQ), pushing the...
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McDonald’s Munches on Growth: A Sideways Step Before the Big Leap?
Fundamental Backdrop Despite a disappointing Q2 earnings report, showing a 12% decline, McDonald's Corporation (MCD) is forging ahead with a series of...
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USD Climbs Ahead of Key JOLS and Consumer Confidence Reports
The U.S. dollar experienced a modest uptick across various currencies yesterday, though the precise cause remains uncertain. This movement might be attributed...
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Rate Rumble: BoJ, Fed, and BoE’s Decisions
This week is filled with significant economic events and data releases that could influence global markets. Key highlights include GDP data from...
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Key Economic Developments in the U.S. and Canada: Market Implications Unveiled
Today's financial landscape is shaped by key developments in the United States. In the U.S., we are closely watching the release of...
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Revisiting an Old Friend: The Beauty of Elliott Wave Analysis in AUD/USD
In the world of forex trading, flexibility is key. One of the most rewarding aspects of trading is the ability to adjust...
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Markets Eye BoC Rate Cut
The USD rebounded sharply, erasing recent losses, as EUR/USD dipped, and JPY, CHF, and GBP emerged as key winners. Meanwhile, anticipation builds...
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Temporary Dollar Strength and Potential Triangle Formation
July 24, 2024 The EUR/USD pair is currently displaying an interesting technical pattern that traders should watch closely. As seen in the...
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Focus on Canadian BoC Interest Rate Decision and US Economic Data
Next week, the primary focus will be on the Bank of Canada's (BoC) interest rate decision, where the market is largely anticipating...
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USD/JPY: The Summit Reached, Time for the Descent?
The USD/JPY pair has experienced a notable decline this month, with the price dropping by approximately 4%. This movement is depicted in...
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Stable Fed, Slow UK Disinflation Boost GBP/USD
Source: Refinitiv USD: June Retail Sales and the Fed's Dovish Outlook The June US retail sales report came in stronger than anticipated,...
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AUD/USD Unfolding Triangle
The AUD/USD pair is currently exhibiting a fascinating technical pattern, unfolding into a triangle formation. This sideways movement is intriguing as it...
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CPI Frenzy
This past week, the Reserve Bank of New Zealand (RBNZ) kept its interest rates unchanged, maintaining a hawkish stance to tackle inflation...
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Soft CPI Data Drives Dollar Lower
Sources: Fred | St Louis Fred In yesterday's trading session, the markets reacted positively to the release of the Consumer Price Index...
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AUD/USD: The race to 2%!
As Australia grapples with controlling its inflation, the United States has adopted a more dovish stance this quarter compared to the rest...
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USD/CHF: Diverging Monetary Policies and Strategic Trade Opportunities
The USD/CHF currency pair presents an interesting scenario as the US Federal Reserve and the Swiss National Bank (SNB) diverge in their...
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Inflation and Its Ripple Effects: NZD/USD to U.S. Inflation
As we look ahead to the forthcoming week, we will be closely monitoring several key economic events. These include: 1. ...
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NFP Release Today: Anticipation of Decline and S&P 500 Impact
The eagerly awaited Non-Farm Payrolls (NFP) data for June is set to be released today, with expectations pointing to a significant drop...
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ISM Manufacturing PMI: July 2024 Expectations and Implications for the U.S. Economy and EUR/USD
ISM Manufacturing PMI for June 2024 The ISM Manufacturing PMI for June 2024 was reported at 48.7, indicating a contraction in the...
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Tesla’s (TSLA) Inverse Head and Shoulder Pattern
Tesla (TSLA) has been a stock to watch, with numerous catalysts on the horizon and significant technical developments. Catalysts Driving TSLA Prices...
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SPX, NQ, DJIA, DAX, FTSE 100: STRONG Q2, CAUTIOUS Q3 AHEAD
Q3 Forecasts – What’s Included: S&P 500 NASDAQ Dow Jones Industrial Average DAX FTSE 100 Macro Summary Market Performance: The S&P 500...
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Polls, Prices, and PMI
This past week saw Australia grappling with persistent inflation, as the Reserve Bank of Australia (RBA) maintained its cash rate at 4.35%....
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AUD/USD: Australia’s Inflation Surge Sparks Concerns Ahead of RBA Meeting
Revisiting AUD/USD and Inflation Concerns We are revisiting AUD/USD in this week's chart of the day, supporting our overall bias. Australia's inflation...
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Analysing U.S’ CB Consumer Confidence and Canadian CPI MoM for USD/CAD
Today, two significant economic events are set to impact the financial markets: the release of the Conference Board (CB) Consumer Confidence Index...
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US and UK Economic Indicators to Watch
This past week saw significant developments in the global economic landscape. Switzerland surprised markets by reducing its interest rates, while the UK...
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USD/CHF: Assessing the Impact of the SNB Rate Cut
The Swiss National Bank's (SNB) recent decision to cut interest rates by 25 basis points, bringing the key rate down to 1.25%,...
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BoE Holds Interest Rate Steady at 5.25%, Signalling Cautious Optimism
Inflation Target Achieved but Rates Unchanged On June 19, 2024, the Bank of England (BoE) decided to maintain its Bank Rate at...
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NZDUSD: A Turnaround in GDP Growth
New Zealand's GDP, previously impacted by significant interest rate hikes resulting in a low of -0.3%, is showing signs of improvement. The...
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The Inflation Breakthrough: BoE’s Milestone
Today, the UK has reached its long-awaited 2% inflation target, a milestone that has significant implications for the nation's economy and financial...
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The Trinity of Central Banks: RBA, BoE, and Fed Steer the Market
Upcoming central bank decisions from the RBA, BoE, and Fed are set to impact global markets significantly. These announcements, coupled with CPI...
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Fed’s Rate Call and UK GDP in Focus
The past week saw significant market movements as investors reacted to mixed economic data and geopolitical developments as we witnessed the anticipated...
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