FOMC prompts brief USD bid, Euro reclaims 1.22 as bull aim for recent high.
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FOMC prompts brief USD bid, Euro reclaims 1.22 as bull aim for recent high.
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Crude oil prices may continue to fall amid growing concerns about a sticky inflationary upshift that forces the Fed to pull back on stimulus sooner than expected.
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Looking to trade post release? Read on for more on approaching volatile conditions after news events.
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Gold is trending higher despite the FOMC-induced pickup in Treasury yields. Moreover, speculation continues to brew that Bitcoin weakness may be bolstering the yellow metal.
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AUD/USD is mixed following Thursday’s employment report and a wave of risk-off pressure emanating from Wednesday’s release of FOMC minutes.
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