The yen is calm on Thursday after sharp losses a day earlier. In the European session, USD/JPY is trading at 148.88, down 0.28%. Fed minutes: next cut will likely be 25 bps The Federal Reserve released the minutes from the September meeting on Wednesday. That meeting was dramatic as the markets were uncertain right up […]
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Summary The September CPI report came in slightly hotter than expected, but not enough to meaningfully change the outlook for U.S. inflation. Headline CPI rose 0.2% in the month, while excluding food and energy prices Read more…
The AUD/USD pair has halted its nearly continuous seven-day decline, stabilising around 0.6730 on Thursday. This level marks the monthly low for the Australian dollar, which has faced significant pressures lately due to a strengthening Read more…
Daily Pivots: (S1) 1.0920; (P) 1.0956; (R1) 1.0975; More…. Intraday bias in EUR/USD stays on the downside for the moment. Sustained break of 38.2% retracement of 1.0447 to 1.1213 at 1.0920 will argue that fall Read more…