• June 15, 2023
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Dow and CAC40 Drop Back from Weekly Highs but Nasdaq 100 Holds up Well

​​While the Nasdaq 100 continues its impressive run, the Dow and CAC40 have dropped back from the highs of the week. ​...
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  • June 15, 2023
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European Central Bank (ECB) Preview: Euro Bulls Look to ECB to Reignite Flame

Will the ECB be able to reignite the appetite of Euro bulls as the Central Bank appears to be running out of hawkish arguments. Will revised GDP data have an impact and where to next for the ECB?...
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  • June 15, 2023
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Crude Oil Prices Stifled by Chinese Economic Data & Stronger USD

Crude oil prices are under pressure from both lower demand expectations as well as a stronger US dollar ahead of US retail sales later today....
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  • June 15, 2023
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Bitcoin & Ethereum Slide as Fed Signals Higher Rates: BTC/USD & ETH/USD Price Setups

Bitcoin and Ethereum have broken below key support after the US Federal Reserve left interest unchanged on Wednesday but signaled higher interest rates by the end of this year. What’s next for BTC/USD and ETH/USD?...
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  • June 15, 2023
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Japanese Yen Drops After FOMC: Price Setups in USD/JPY, AUD/JPY, GBP/JPY

The JPY slipped against USD after the Fed signaled more rate hikes. Improving risk appetite and ultra-easy BOJ policy reinforce the bearish backdrop in JPY. What is the outlook for USD/JPY, EUR/JPY, and AUD/JPY?...
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  • June 15, 2023
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Australian Dollar Steadies on Jobs Data While China Slows. Where to for AUD/USD?

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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  • June 15, 2023
  • Market News
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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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  • June 15, 2023
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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. Prior to the figures, Kiwi had been bought on weaker USD. Will NZD/USD rally?...
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  • June 15, 2023
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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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  • June 15, 2023
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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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