The Australian Dollar roared to life last week after soft US CPI data sent Treasury yields and the US Dollar to the basement on hopes of a Fed pivot. Will AUD/USD keep rallying?
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The Australian Dollar roared to life last week after soft US CPI data sent Treasury yields and the US Dollar to the basement on hopes of a Fed pivot. Will AUD/USD keep rallying?
from DailyFX – Market News https://bit.ly/3UyaOFy
via IFTTT
GBP/USD pushed higher last week but with a full UK economic calendar ahead, cracks could start to appear.
from DailyFX – Market News https://bit.ly/3UwAPFt
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It was a big week for crypto and the worst does not seem to be over yet as this morning brings news of FTX bankruptcy and resignation of the embattled SBF.
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U.S. consumer sentiment halted its recovery in November and fell to its lowest level since July, a sign that Americans are becoming more pessimistic about the economic outlook.
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USD/CAD finally breaks below the stubborn 1.35 level. Following the US CPI print are we seeing the beginning of a slowdown in rate hikes?
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