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fomc

Dollar Slips Following NFP Rally
Dollar Slips Following NFP Rally

Strong NFP ResultsThe US Dollar is starting the week on a softer footing, retracing against the sharp rally we saw on Friday in response to a bumper set of US labour market indicators. The headline...

USD Higher After Hawkish FOMC Meeting
USD Higher After Hawkish FOMC Meeting

Hawkish Hold from FedThe Dollar is rising again this morning on the back of the FOMC meeting yesterday. The Fed kept rates on hold, as expected, but was broadly hawkish in its messaging citing...

Dollar Rallying Into FOMC Tonight
Dollar Rallying Into FOMC Tonight

FOMC On WatchThe US Dollar remains firmly bid today ahead of the FOMC meeting this evening. A rebound in AI sentiment following strong Q3 earnings from Korean chipmaker SQ HYNIX has helped the USD...

Dollar Rebounding Higher on Tuesday
Dollar Rebounding Higher on Tuesday

Dollar Rallying Pre-FOMCThe Dollar is pushing higher today as traders await the October FOMC meeting tomorrow. While no change in rates is expected, risks of a hawkish signal from the Fed for December...

Copper Jumps As AI Sentiment Improves
Copper Jumps As AI Sentiment Improves

Copper Bouncing BackCopper prices are bouncing back firmly today with the futures market up around as AI sentiment rebounds. The move higher comes despite the strength we’re seeing in USD today, which...

FOMC: Inflation & AI Stock Plunge In Focus
FOMC: Inflation & AI Stock Plunge In Focus

FOMC Up NextThe US Dollar is on watch this week as traders brace for the latest Fed rates decision on Wednesday at the October FOMC meeting. The market is widely expecting the Fed to keep rates on...

Dollar Remains Soft Ahead of Big Tech Earnings Tomorrow
Dollar Remains Soft Ahead of Big Tech Earnings Tomorrow

AI Funding Concerns LingerThe US Dollar remains weak today as focus stays with weakened near-term Fed tightening expectations ahead of the FOMC next week. Despite hotter-than-forecast US inflation...

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...