The Federal Reserve and the European Central Bank will announce their latest policy decisions in the next 24 hours and that makes trading EUR/USD a tricky proposition.
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Etiqueta: DailyFX – Market News
Gold Eyes YTD High Following Triangle Breakout, FOMC and Overall Sentiment Remain Key
Spot Gold Benefits as Safe Haven Appeal Returns. Will the FOMC meeting provide the catalyst for fresh highs?
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USD/JPY Price Forecast: Japanese Yen Set for Safe Haven vs FOMC Battle
USD/JPY now looks to key US economic data and the FOMC for guidance while keeping a close eye on the developing banking crisis. Yen sandwiched between 135 and 140.
from DailyFX – Market News https://bit.ly/3ALgcNw
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Crude Oil Price Punished Ahead of Fed on Recession Fears. Will WTI Push Lower?
Crude oil is on the back foot as recession alarm bells are ringing with US banks and data undermining confidence. If the Fed turns more hawkish, will it stoke more slowdown fears?
from DailyFX – Market News https://bit.ly/3VyJ5WH
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Gold Price Holds the High Ground as Treasury Yields Retreat. Where to for XAU/USD?
The gold price found support overnight with concerns around the US banking sector undermining sentiment and perceived haven assets gaining lustre. Will XAU/USD make a new peak?
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