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US Dollar Forecast: USD/CHF Defends Post-Fed Rally

USD/CHF seems to be defending the rally following the Federal Reserve interest rate decision as it trades near the weekly high (0.9095).

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By : David Song
January 30, 2025 07:50 PM
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Gold Price Rallies to Fresh Record High amid Limited Response to Fed

The price of gold trades to a fresh record high ($2799) following the limited reaction to the Federal Reserve interest rate decision.

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By : David Song
January 30, 2025 04:30 PM
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EUR/USD Struggles Ahead of ECB as Fed Keeps US Interest Rate on Hold

EUR/USD trades near the weekly low (1.0382) ahead of the European Central Bank (ECB) meeting as the Federal Reserve keeps the US benchmark interest rate at 4.25% to 4.50%.

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By : David Song
January 29, 2025 08:20 PM

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FOMC Instant Reaction: Powell Threads the Needle, Longer Pause in Play?

The Fed hinted at a longer pause to interest rates but Chairman Powell ultimately minimized his impact on markets in the January FOMC meeting.

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January 29, 2025 07:58 PM
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USD/CAD Unfazed by BoC Rate-Cut Ahead of Fed Decision

USD/CAD seems to be unfazed by the Bank of Canada (BoC) rate cut as it consolidates ahead of the Federal Reserve interest rate decision.

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By : David Song
January 29, 2025 05:25 PM
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USD/JPY Outlook Hinges on Federal Reserve Rate Decision

The Federal Reserve rate decision may sway the near-term outlook for USD/JPY as the central bank is expected to keep US interest rates on hold.

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By : David Song
January 28, 2025 04:15 PM
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FOMC Preview: Fed Hold to Increase Pressure from Trump?

This will be the first formal FOMC meeting of President Donald Trump’s second term - what you need to know!

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January 27, 2025 04:30 PM
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USD/CAD Remains Vulnerable to Trump Trade Policy Ahead of Fed Meeting

USD/CAD gives back the advance from earlier this week even as US President Donald Trump warns of the ‘tremendous deficit with Canada.’

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By : David Song
January 24, 2025 04:25 PM
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Crude Oil Forecast: Commodities Rise with Geopolitics, China, and the Fed

Crude Oil Forecast: Improving Chinese economic metrics, geopolitical developments, and declining inventories have pushed crude oil prices back toward the $80 mark. However, oversupply risks remain a key concern for 2025, raising questions about the sustainability of the current uptrend.

US CPI Preview: How a Pickup in Inflation Could Complicate the Fed’s Job

A hot CPI report could lead traders to start asking whether the Fed’s interest rate cutting cycle may be completed already, complicating the path forward for a central bank that has clearly been hinting that the easing cycle isn’t done yet.

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January 13, 2025 05:58 PM

EURUSD, DXY Analysis: Euro Hesitates Near 2-Year Lows Ahead of Non-Farm Payrolls

EUR/USD, DXY Analysis: Key U.S. data is on the horizon, poised to test the dollar’s strength for new highs and the euro’s vulnerability to parity risks.

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January 10, 2025 08:05 AM
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NFP Preview: Will US Jobs Beat Expectations for the 3rd Time in 4 Months?

Leading indicators point to a roughly as-expected reading in this month’s NFP report, with headline job growth potentially coming in somewhere in the 150-200K range

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January 8, 2025 03:49 PM
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2025 Central Bank Outlook Preview

Major central banks may further adjust monetary policy in 2025 as the European Central Bank (ECB) insists that ‘the disinflation process is well on track,’ but the Federal Reserve may change gears at a slower pace as Chairman Jerome Powell and Co. forecast less rate-cuts for next year.

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By : David Song
December 23, 2024 11:30 PM
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FOMC Preview: Cut Then “Prudent Pause” from Powell?

EUR/USD has carved out a narrow range between 1.0470 and 1.0600 and unless the Fed delivers a meaningful surprise of some sort, that range may carry over.

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December 17, 2024 04:12 PM
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USD/JPY, gold, S&P 500 analysis: How markets have traded around Fed decisions

The USD has remained supported on expectations of a considerably-less dovish Fed. But with 'Fed day' generally being bearish for the dollar alongside its tendency to selloff into the year end, I have an inkling we're heading towards a "buy the rumour, sell the fact" for the USD.

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GBPUSD Forecast: Pound Slips Amid GDP Contraction, Eyeing Critical Support Level

GBPUSD Forecast: the pound’s drop against the dollar’s rally was cushioned at the 1.2480 low, further supported by rate hold expectations given the inflationary risks of UK’s new labor law. However, today’s contracting GDP reading at -0.1% reflects growth concerns and adds complexities to next week’s BOE decision.

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December 13, 2024 10:13 AM
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DJIA Forecast: The Dow Declines After the NFP

The Dow has managed to surpass the 44,000-point barrier and currently maintains steady growth of just over 7% since November.

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December 10, 2024 07:39 PM

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US CPI Preview: Could a HOT Inflation Report Revive a Fed Pause?

The Fed is likely to cut interest rates by 25bps regardless of the CPI reading, though a hotter-than-expected print could certainly raise some questions for USD/CAD

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December 10, 2024 02:17 PM
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NFP Preview: Could a Strong Jobs Report Put a December Fed Pause in Play?

The Fed is likely, but not certain, to cut interest rates by 25bps later this month, and a strong NFP report could reopen the door for close decision.

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December 5, 2024 03:26 PM
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US Dollar: A Contrarian Perspective on How Trump’s Second Term Could Weaken the USD

How a shift in trade policy, the extension of tax cuts, the appointment of Scott Bessent as Treasury Secretary, and potential threats to Federal Reserve independence could pave the way for a weaker greenback under Trump.

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December 4, 2024 06:57 PM

The Fed, ECB, and More Explained: Central Bank FAQs for Forex Traders

Learn how the Fed, ECB, and BOJ impact forex markets. Get answers to FAQs on interest rates, currency trends, and trading strategies in this must-read guide.

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November 20, 2024 08:12 PM
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Relentless USD rally extends after Powell hints at slower pace of cuts

The USD bullish rally continued to rage after Powell bluntly said that the Fed may not be in a hurry to cut rates, citing a strong labour market and a "remarkably strong" economy.

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Gold Forecast: What Would it Take for the Fed to Pause in December?

Gold’s now testing its 100-day MA and the 14-day RSI is at its lowest level in a year, hinting at a near-term bounce.

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November 14, 2024 06:00 PM