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Sticks

Bank of Canada Holds Rates Steady & Sticks to Data Dependency, USD/CAD Slides

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BANK OF CANADA DECISION KEY POINTS: Bank of Canada holds interest rates unchanged at 4.5%, in line with expectations Policy statement reiterates that the central bank is prepared to hike rates again if needed USD/CAD whiplashes, but heads slightly lower after the announcement crosses the wire Recommended by Diego Colman Get Your Free USD Forecast …

Bank of Canada Holds Rates Steady & Sticks to Data Dependency, USD/CAD Slides Read More »

Gold Rallies as Fed Chair Powell Sticks to Post FOMC Rhetoric

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Gold (XAU/USD) PRICE, CHARTS and ANALYSIS: Recommended by Zain Vawda Get Your Free Gold Forecast MOST READ: Dow Bulls Have Another Chance, Dollar Needs a New Foothold to Keep Climbing Gold (XAU/USD) FUNDAMENTAL BACKDROP Gold continued its push higher ahead of the European open this morning before stalling, helped largely by a weaker dollar index …

Gold Rallies as Fed Chair Powell Sticks to Post FOMC Rhetoric Read More »

All Eyes on Fed Testimony as BoJ Sticks to Easing Cycle

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Japanese Yen Talking Points USDJPY retraces the decline following the Federal Reserve interest rate decision as the Bank of Japan (BoJ) retains the Quantitative and Qualitative Easing (QQE) program with Yield-Curve Control (YCC), and developments coming out of the US may influence the exchange rate over the coming days as Chairman Jerome Powell is scheduled …

All Eyes on Fed Testimony as BoJ Sticks to Easing Cycle Read More »

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