Federal Reserve tapering bets, on the back of better-than-expected GDP figures, may pave the way for the US Dollar to regain lost ground in the coming days.
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Federal Reserve tapering bets, on the back of better-than-expected GDP figures, may pave the way for the US Dollar to regain lost ground in the coming days.
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Gold prices may continue to fall – brushing off dovish Fed posturing – as PCE inflation data helps drive Treasury bond yields higher alongside the US Dollar.
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Dogecoin prices spiked higher on the back of a flurry of tweets from Elon Musk and Mark Cuban, while Bitcoin prices remain at risk of a more extensive correction lower post-FOMC meeting.
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Nasdaq 100 futures declined during early APAC trading hours as investors digested mixed US tech earnings and strong GDP data. The Hang Seng and ASX 200 futures are pointing to a lower start on Friday.
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Controlling emotions while trading can prove to be the difference between success and failure.
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