EUR/USD: Extended Consolidation ahead of Fed but Downside Remains at Risk

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The euro softened on Wednesday, but so far remains on the edge of the past two days as traders await the outcome of the...

Sunset Market Commentary | Action Forex

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Markets The upcoming Fed meeting tonight keeps the markets aside for now. Admittedly, however, not much more led to trade before Powell’s second political meeting....

What to Expect Out of Bank of Canada Interest Rate Decision

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There is a growing consensus that we will...

Dollar Index: Dollar Seeks for Direction Signals from Fed/Biden’s Speech

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The dollar rose earlier in early U.S. trading, maintaining the series of higher highs and lows in the past three days, after larger bears...

Eurozone GDP to Confirm Double-Dip Recession but Euro Looks to Brighter Q2

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The first-quarter GDP growth rate is expected to exit the Eurozone on Friday at 09:00 GMT. Recent blockades are expected to drag the...

Tomorrow’s ECB Interest Rate Decision: A Hold?

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The last time the ECB met, there was...

Intraday Market Analysis – Triple-Tested Support

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US 30 bounces key support The Dow Jones is...

EURUSD spikes to a new high

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There is no time to start talking about...

What to Watch Post-FOMC | Action Forex

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Traders will be mindful of improvements in the statement and SOME hints about timing of the decline As on most FOMC days, the overnight sessions...

JPY Falls to 2-Week Low, FOMC Meeting Next

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The Japanese yen consolidated on Wednesday, after suffering sharp losses a day earlier. Currently USD / JPY is trading at 108.73, up 0.03%...
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