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Forex Today: Fed’s Waller - No Rush To Cut Rates, Prospect Of Hikes Remote
Article By:
Adam Lemon
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Thursday, March 28, 2024 6:47 AM EDT
US Fed member Waller spoke about the Fed’s thinking a few hours ago, reiterating the message of recent months – the Fed won’t rush into any rate cuts and current conditions do not support cuts and suggested the prospect of rate hikes is very remote.
EURUSD Slides Lower: Downtrend Deepening Or Temporary Dip?
Article By:
ForexCycle
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Thursday, March 28, 2024 6:45 AM EDT
EURUSD has displayed further weakness, breaching a key support level.
EUR/USD Price Looking To Pierce 1.08, Eyes On US GDP
Article By:
Yohay Elam
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Thursday, March 28, 2024 6:32 AM EDT
The EUR/USD price remained bearish on Wednesday despite minor rebounds. The pair is trading at 1.0820 at the time of writing. The bearish trend remains dominating amid a stronger dollar.
Japan Is Now Threatening Major Intervention Against The Dollar
Video By:
Jeffrey P. Snider
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Thursday, March 28, 2024 6:30 AM EDT
The Japanese are really getting bothered by weakness in the yen. But where is it coming from, and what might be done about it?
FX Daily: Fed Foot-Dragging And Low Volatility Dominate
Article By:
ING Economics
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Thursday, March 28, 2024 6:15 AM EDT
The dollar received some bullish news overnight in a speech from the Federal Reserve's Christopher Waller.
EUR/USD Inches Lower To Near 1.0820, Focus On German Retail Sales, US GDP Annualized
Article By:
Akhtar Faruqui
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Thursday, March 28, 2024 12:15 AM EDT
EUR/USD continues to lose ground for the third successive session on Thursday, inching lower to near 1.0820 during the Asian session.
GBP/USD Attracts Some Sellers Below 1.2620 On Fed Waller’s Hawkish Comments
Article By:
Lallalit Srijandorn
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Wednesday, March 27, 2024 8:00 PM EDT
The GBP/USD pair attracts some sellers to 1.2614 after retreating from a daily high of 1.2640 during the early Asian session on Thursday.
Dollar’s Verified Breakout Could Be The Trigger For Gold Price
Article By:
Przemyslaw Radomski, CFA
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Wednesday, March 27, 2024 1:57 PM EDT
The 2011-2024 link in gold price still continues and what we saw yesterday was perfect confirmation.
GBP/USD Forex Signal: British Pound Could Retest 1.2575
Article By:
Crispus Nyaga
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Wednesday, March 27, 2024 11:47 AM EDT
GBP/USD faces bearish pressure, retreating after mixed US consumer confidence and durable goods data. Traders eye BoE statements and further market indicators.