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fomc

Dollar Bulls Looking For Fresh Drivers
Dollar Bulls Looking For Fresh Drivers

Dollar Pauses For NowThe US Dollar continues to soften ahead of the weekend as the recent downshift in October Fed tightening expectations caps the rally for now. Last week’s softer-than-forecast US...

Hawkish FOMC Mins Keep USD Supported
Hawkish FOMC Mins Keep USD Supported

Hawkish FOMC MinsThe Dollar is holding near recent highs on the back of the September FOMC minutes last night. As expected, the minutes came in on the hawkish side, shedding light of the shift in...

Gold Lower Ahead of FOMC Minutes
Gold Lower Ahead of FOMC Minutes

Gold Testing Key SupportGold prices are sitting on a cliff edge here head of the FOMC minutes this evening. Following heavy declines, the futures market is once again testing the bull trend line from...

Dollar Rally Pauses On Soft Data
Dollar Rally Pauses On Soft Data

DXY StallsThe US Dollar is lower today amidst a downturn in Fed rate hike expectations on the back of softer US data yesterday. Weak US consumer sentiment and JOLTS job openings numbers saw market...

Big Week For USD: NFP On Watch
Big Week For USD: NFP On Watch

Hawkish Fed ExpectationsThe US Dollar is on watch this week as traders brace for the latest NFP report on Friday. Pricing for a Fed rate hike in October rose to around 70% last week from just above...

Copper Drops On Hawkish Fed-Speak & Weak China Data
Copper Drops On Hawkish Fed-Speak & Weak China Data

Copper Sinks on MondayCopper prices have started the week under heavy selling pressure with the futures market down around 2.7% on the session as traders digest weak data from China and mull its...

Copper Rebound Rolls On Following FOMC
Copper Rebound Rolls On Following FOMC

Coppr Higher Despite Fed HikeCopper prices continue to push higher on Thursday as the rebound in the metal gathers pace. The rally comes despite the rally in USD on the back of the Fed hiking rates...

Dollar Spikes As Fed Hikes & Signals More To Come
Dollar Spikes As Fed Hikes & Signals More To Come

Hawkish Hike From FedThe US Dollar is starting the day on a quieter footing following the sharp rally higher we saw yesterday in response to the September FOMC meeting. The Fed seemingly satisfied...

Traders Brace For September FOMC Today
Traders Brace For September FOMC Today

FOMC Up NextThe US Dollar is a touch softer today as traders await the outcome of the September FOMC meeting later. The bank is widely expected to hike rates by a further .25% and so the bigger focus...