Cable continued its advance yesterday boosted by the dollar indexes decline. Have we seen the high on the dollar index?
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Cable continued its advance yesterday boosted by the dollar indexes decline. Have we seen the high on the dollar index?
from DailyFX – Market News https://bit.ly/3Exgedj
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ICE Brent crude oil hurt be the potential for a higher price cap for Russian oil.
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The US Dollar descended for the third day in a row after the Federal Reserve meeting minutes were interpreted as dovish by the market. Has the DXY lost its ascendency?
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This week’s liquidity was as deflated as was expected with the market able to play down key events to safeguard complacency. However, the typical seasonal restraint heading into December that will be turned to next week should not be relied on. Instead, measures like S&P 500, VIX and EURUSD will be prone to volatility and potentially even trend.
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The Australian Dollar was boosted by the US Dollar being undermined by Federal Reserve meeting minutes that were perceived as dovish by the market. Can AUD/USD rally further?
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