Bank of England Preview: Rates to Stay Put but QT due for Review?

Market consensus is heavily skewed towards rates remaining unchanged but the consequences of aggressive rate hikes emerge via spending, housing and economic data

from DailyFX – Market News https://bit.ly/40kyilg
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Japanese Yen (USD/JPY) Nearing a 33-Year High on Further Stimulus Talk

According to a Bloomberg report, Japanese Prime Minister Kishida is readying a 21.8 trillion Yen stimulus package, a move that may see the currency weaken further

from DailyFX – Market News https://bit.ly/49fFBii
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FTSE 100 Edges Higher while Dax and S&P 500 Struggle

Most indices have moved higher over the past two sessions, putting a possible low for now, but uncertainty prevails ahead of the Fed decision tonight.

from DailyFX – Market News https://bit.ly/49fdShN
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EUR/USD Price Forecast: Euro Looks Vulnerable as All Eyes Shift to FOMC

EUR prices open on the backfoot this morning as attention shifts towards the Fed’s interest rate announcement.

from DailyFX – Market News https://bit.ly/3QEoD5P
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Nasdaq 100, EUR/USD Forecast: Fed Policy Outlook to Dictate Market Trend

The Fed’s monetary policy guidance at its penultimate meeting of the year will help determine the short-term outlook for the Nasdaq 100 and EUR/USD. For this reason, traders should pay close attention to Powell’s press conference on Wednesday.

from DailyFX – Market News https://ift.tt/p0Zc4QP
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