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- July 27, 2023
- Technical Analysis
EUR/USD Whipsaws after Expected ECB Hike and Strong US GDP Data
Muted price action after yesterday’s FOMC meeting now sees a sizeable turnaround in EUR/USD after hot US GDP data and no surprises from the ECB ...
- July 27, 2023
- Market News
ECB Hikes by 25bps Keeping Options Open, EUR/USD, EUR/GBP Slide
ECB hikes rates by 25bps to 23-year highs while leaving the door ajar for further rate hikes....
- July 27, 2023
- Market News
US Second-Quarter GDP Growth Shatters Estimates, Boosting Yields and the Dollar
U.S. GDP grew at an annualized rate of 2.4% in the second quarter, well above expectations of 1.8%, indicating that the U.S. economy remains in remark...
- July 27, 2023
- Market News
S&P 500 and Nasdaq 100 Make Gains, While CAC40 Struggles
US indices have made headway after the Fed decision, but today’s ECB meeting has kept the CAC40 in check...
- July 27, 2023
- Market News
US Dollar Weakens Ahead of ECB decision and US Q2 GDP Data
After an uneventful FOMC meeting and press conference, a popular dollar benchmark heads lower as traders eye the ECB interest rate announcement...
- July 27, 2023
- Market News
European Central Bank (ECB) Preview: 25bps and Done or More Hikes in the Offing?
With a 25bps hike largely expected and priced in by market participants, will the ECB shift to data dependency moving forward as recessionary fears ri...
- July 27, 2023
- Market News
US Equity Indices Post FOMC: Nasdaq, S&P 500, Dow Price Setups
US equity indices were largely flat, hovering around year-to-date highs after the Fed hiked interest rates by the widely expected quarter percentage p...
- July 27, 2023
- Technical Analysis
Gold Prices Embrace Golden Cross as XAU/USD Looks to Beyond the Fed Next
Gold prices aimed slightly higher in the aftermath of the Federal Reserve’s July rate hike. Now, a Golden Cross is forming, offering a bullish techn...
- July 27, 2023
- Market News
US Dollar Slips After Fed Rate Hike: What Has Changed for EUR/USD, GBP/USD, USD/JPY?
USD slipped but held well within the recent range after the Fed hiked interest rates by the widely expected 25bps and on balance kept its options open...