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Feb 1, 19 •
1580 Views •
Morning Roll Call •
Zahir Shah
Comments Off on GBP/USD registers largest monthly rise in a year, USD/JPY falls to two week low, as Fed appears to change monetary policy outlook
Sterling made significant gains versus several of its main peers during the early weeks of January, as FX market optimism developed, that the U.K. would avoid a no deal, hard Brexit. However, that optimism was tempered after Tuesday’s vote in the House of...
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Jan 31, 19 •
1631 Views •
Morning Roll Call •
Zahir Shah
Comments Off on U.S. equity markets rally, whilst USD fades, as the Fed Chair Jerome Powell indicates a reversal of monetary policy.
As widely forecast by Reuters and other news agencies, the FOMC, headed by Fed Chair Jerome Powell, announced at the conclusion of their two day meeting, that the committee took the decision to leave the key interest unchanged at 2.5%. It was during the press...
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Jan 30, 19 •
1638 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Sterling crashes in late evening trading as U.K. Parliament votes to make no deal Brexit most likely
GBP/USD gave up its weekly gains during the late evening trading session on Tuesday, as the U.K. Parliament voted in favour of a political amendment, which will empower the U.K. government to approach the European Union, to ask for the withdrawal agreement to...
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Jan 29, 19 •
1684 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Global stock markets sell off as USA-China trade talks near, oil slumps on inventory rise.
Bearish trading in Europe set the tone for Western Hemisphere equities trading on Monday, the main markets in the: U.K., France and Germany all closed sharply down. The U.K. FTSE 100 ended the day down 0.91%, with the DAX ending the trading day down 0.63%....
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Jan 28, 19 •
1816 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on USD comes under scrutiny, as FX traders begin to turn their attention to the FOMC meeting this week.
The U.S. dollar continued to lose further ground versus several of its main peers during the overnight Asian session and the early hours after the London open, as investors and traders turned their attention to the FOMC rate setting meeting, scheduled to take...
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Dec 19, 18 •
2096 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Dollar in Fed’s cross hairs, struggles near one-week low as rates signal awaited
(Reuters) – The dollar languished close to one-week lows on Wednesday as investors wagered the Federal Reserve would slow the pace of U.S. monetary tightening after its keenly-watched policy meeting later in the day. The safe-haven yen and the Swiss...
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Dec 18, 18 •
1928 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Dollar on edge before Fed meet, all eyes on policy outlook
(Reuters) – The dollar was fragile in Asian trade on Tuesday as markets speculated growth worries will prompt the Federal Reserve to signal a pause to its monetary tightening cycle at this week’s meeting. Asian equities were hit hard after a rout...
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Nov 28, 18 •
2165 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Dollar buoyed by Fed expectations, trade tensions support safe haven bids
(Reuters) – The dollar held near two-week highs on Wednesday, as concerns about Sino-U.S. trade tensions propped up safe haven currencies and as investors awaited cues from the U.S. Federal Reserve on the path of future interest rate increases. The...
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Nov 26, 18 •
1921 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Dollar firmer as global growth concerns support flight-to-safety bid
(Reuters) – The euro strengthened against major currencies on Monday, with risk appetite lifted after the European Union and Britain agreed a Brexit deal and signs that Italy is willing to reach a compromise over its 2019 budget plans. Sterling was...
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Nov 14, 18 •
2287 Views •
Morning Roll Call •
Jovana Pribic
Comments Off on Brexit hopes keep sterling, euro bid; dollar bulls take a breather
(Reuters) – The euro and sterling climbed higher on Wednesday as investor confidence rose on news Britain had struck a draft divorce deal with the European Union after more than a year of talks. The rise in the euro and sterling led investors to take...