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Fed hike, Powell’s recession warning roil markets; dollar shoots up

Dot plot signals Fed not done with 75 bps hikes, Powell warns of pain ahead. S&P 500 goes back into bear market, dollar destroys everything in its pa…

3 years, 5 months ago

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Dollar at fresh highs ahead of Fed as Russia jitters sink euro

Russia-Ukraine tensions flare up, knocking the euro and boosting safe havens. Stocks subdued but losses contained as investors await Fed decision. Yi…

3 years, 5 months ago

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Dollar takes a breather; loonie traders lock gaze on CPIs

Dollar’s rally pauses ahead of FOMC decision. Equities rebound somewhat on short covering. Canada’s inflation expected to slow more. Gold rebounds, b…

3 years, 5 months ago

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Dollar reigns as big week for central banks kicks off

Dollar starts Fed week on the front foot amid elevated rate hike expectations. Bank of England and Swiss National Bank also poised to deliver large h…

3 years, 5 months ago

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Dollar stands tall ahead of upcoming Fed decision, equities resume slide

USD stays strong as bets of 100bps Fed hike remain on table. US retail sales rebound, initial jobless claims fall. Equities resume drop on hike bets …

3 years, 6 months ago

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Week Ahead: Trouble spews for yen as Fed, BoE and SNB to hike, put spotlight on BoJ

A crucial week is coming up for the markets as no less than four central banks are scheduled to announce their latest monetary policy decisions. Ther…

3 years, 6 months ago

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Dollar stands tall ahead of upcoming Fed decision, equities resume slide

USD stays strong as bets of 100bps Fed hike remain on table. US retail sales rebound, initial jobless claims fall. Equities resume drop on hike bets …

3 years, 6 months ago

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Yen defies intervention warnings, gold loses shine

Threats of FX intervention don’t do much to boost the yen. Currency pairs trapped in narrow ranges, stocks lick wounds. Gold under heavy pressure, US…

3 years, 6 months ago

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US inflation surprise pummels stocks, boosts dollar

US inflation comes in hot, fueling bets of a more forceful Fed. Stock markets tank, dollar fires up as terminal rate increases. Yen finds some suppor…

3 years, 6 months ago

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Hopes of softer inflation report lift Wall Street, hurt dollar

Investors bet that August CPI data will confirm inflation has peaked in the US. Wall Street rallies for a fourth day, dollar selloff accelerates. Eur…

3 years, 6 months ago

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