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Can Dollar Hold the gains?
Unexpected non-Dovish FED!FED announcement was not Hawkish, but it was not Dovish as well. In the short term, still, it is the market reaction to FED decisions and Mr. Powell's press conference that moves the markets. The Federal Reserve's FOMC...
Oil and Endless Records!
EIA and API, Supporting the markets!According to the Energy Information Administration's (EIA) published numbers, the Crude Oil Inventories fell by 7.355M barrels last week, almost 2M barrels more than a week before that, and 4M barrels more than exp...
Market Update, 16 June
FED and eased Fears!Yesterday U.S. data was mixed, and now investors are looking carefully at the FOMC meeting and its announcement. Retail Sales Ex-Food & Energy came out at -1.3% and 0.7%, respectively, and both less than estimates. On a yearly...
Sterling in one-month lows, can go deeper?
US mixed data and complicated situationWith stronger USD and delay in UK reopenings and Brexit woes, Cable dropped to its one-month lows. Later, and with US mixed data, the greenback could not hold its position and lost the ground against other curre...
FED meeting Preview
Can Stocks keep the rally?Banker's week started, and now eyes turn on the FED two-day meeting starting today and the BOJ meeting on Friday. FOMC members must try their best to assure the Market that officials still believe that the inflation spike is...
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