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Dollar Pressured by Rate Pause Bets, Israeli-Palestinian Conflict Jolts Markets

Dollar Pressured by Rate Pause Bets, Israeli-Palestinian Conflict Jolts Markets

The dollar index held recent losses to trade around 106 on Tuesday, facing pressure from growing expectations that the Federal Reserve will not raise interest rates in November. The greenback’s decline was exacerbated by the ongoing conflict between Israel and Palestinian Islamic Group Hamas, which jolted financial markets on Monday and briefly drove safe-haven demand …

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Gold Falls to 3-Month Low as Central Banks Signal More Tightening

Gold Falls to 3-Month Low as Central Banks Signal More Tightening Gold prices fell to a three-month low on Wednesday as investors sold the metal on expectations of more aggressive monetary tightening by central banks around the world. The Federal Reserve, the European Central Bank, and the Bank of England have all signaled that they …

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USD/CAD stabilizes above 1.3200 following footprints of sideways oil and USD Index

The USD/CAD pair is consolidating above the 1.3200 level as investors await the release of key economic data from Canada and the US. The Canadian dollar is expected to receive support from the Retail Sales data, which is expected to show a modest increase in April. However, the oil price is capped above $72.00, which …

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FOMC response – dovish statement, hawkish press conference

FOMC response – dovish statement, hawkish press conference

Definitely, blended information is a fascinating methodology. The Federal Reserve is apparently indifferent to monetary market instability! Rundown through RBC (this is exceptionally short): The strategy explanation broadcasted an obviously tentative vibe with the board saying it will “consider the combined fixing of money-related strategy, the slacks with which money-related strategy influences monetary movement and …

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