The Euro gave up some ground despite a softer US Dollar in the wake of the Fed's 0.75% hike ahead of the BoE and SNB decisions. Will EUR/USD resume its downtrend?
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The Euro gave up some ground despite a softer US Dollar in the wake of the Fed's 0.75% hike ahead of the BoE and SNB decisions. Will EUR/USD resume its downtrend?
from DailyFX – Market News https://bit.ly/3xWMRiC
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Gold prices may surrender gains made after the Federal Reserve's rate decision sent Treasury yields lower. However, with more rate hikes ahead, bond bears may return to gold's detriment.
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The Australian Dollar was relatively unchanged after a low unemployment reading did little to change perceptions. What lies ahead for AUD/USD?
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The price of crude oil may face a further decline over the coming days if it fails to defend the opening range for June.
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The New Zealand Dollar rallied overnight against the Dollar following the FOMC decision. However, a downbeat GDP print out of New Zealand may see the rally fade.
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