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Tag: Hawkish

EUR/USD Forecast: Dollar Eases After Impressive Surge

Powell’s speech lacked indications of when rate cuts would begin. The Bank of America revised its outlook and expects the first Fed cut in December...

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AUD/USD Weekly Forecast: Aussie Tumbles Amid Dollar Rally

By Friday, investors were still absorbing the US CPI report. Investors believe the Fed will implement the first rate cut in September. Next week, Australia will...

NZ dollar slips as manufacturing softens – MarketPulse

The New Zealand dollar is down sharply on...

Euro can’t find its footing after ECB pause – MarketPulse

The euro continues to stumble and is down...

Gold advances to new lifetime high amid the worsening Middle East crisis

Gold price continues to scale new record highs amid persistent geopolitical tensions. The strong move up seems unaffected by reduced Fed rate cut bets and...

Canadian dollar dives as US CPI dampens Fed easing hopes

Canadian Dollar dives as US Dollar rallies after strong US CPI data. Bank of Canada keeps rates on hold but hints at rate cut, probably...

Gold bulls turn cautious near all-time peak amid reduced Fed rate cut bets, positive risk tone

Gold price enters a bullish consolidation phase near an all-time peak touched on Monday. Reduced Fed rate cut bets cap gains for the non-yielding metal...

EUR/USD Outlook: Dollar Holds Firm Ahead of Inflation Numbers

The dollar rose on Friday due to a positive employment report. The US reported an additional 303K jobs in March and a drop in the...

Coinbase Research: Bitcoin’s “Digital Gold” Status Could Attract New Investors

Crypto markets have experienced a downward trend following recent comments from Federal Reserve Chairman Jerome Powell, suggesting a continued cautious approach toward rate cuts,...

Japanese yen jumpy ahead of US payrolls – MarketPulse

The Japanese yen showed a bit of strength...

Forexlive Americas FX news wrap: Powell says PCE report “pretty much in line” | Forexlive

Markets:Markets closed for Good FridayFX essentially unchangedA holiday throughout global markets usually makes for a quiet news day but that wasn't the case today...

USD/JPY holds positive ground around 151.50 following Japanese CPI data

USD/JPY trades on a stronger note around the mid-151.00s on Friday.  Japan’s Kishida said it was appropriate for the BoJ to maintain easy monetary policy.  Fed’s...

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