The Australian Dollar bounced after employment data today revealed a re-tightening of the labour market that might make the RBA’s July meeting ‘live’. Will AUD/USD go higher?
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High-for-longer rate outlook as takeaway from FOMC meeting: Gold Copper US dollar
The conclusion of the June meeting has seen the Fed keeping rates on hold in a widely-anticipated move, but a high-for-longer rate outlook seems to be on the horizon.
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New Zealand Dollar Dips on Soft GDP Data. Where to for NZD/USD?
The New Zealand Dollar ran lower after GDP printed below forecasts at 2.2% year-on-year to the end of May. Before the figures, Kiwi had been bought on a weakening USD. Will NZD/USD rally?
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US Dollar Falls Despite Hawkish Fed amid Skepticism of Higher Peak Rate Plans
The U.S. dollar falls despite the Fed’s hawkish policy outlook, as traders remain skeptical of policymakers’ plans to resume rate hikes later this year, given the economic risks.
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Fed Pauses for Now but Signals Higher Peak Rate Gold Prices Shift into Reverse
The Fed hit the pause button at its June meeting, keeping interest rates on hold at 5.00%-5.25% in line with expectations and previous guidance. The terminal rate, however, was revised upwards.
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