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Our Latest Views On The Major Central Banks
Article By:
ING Economics
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Thursday, May 9, 2024 9:52 AM EDT
Despite recent setbacks, we continue to expect three rate cuts from the US this year, starting in September. A European Central Bank rate cut in June looks like a done deal.
GBP/CHF Forecast: British Pound Continues To Look For Support Against Swiss Franc
Article By:
Christopher Lewis
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Thursday, May 9, 2024 7:54 AM EDT
That makes a lot of sense, because quite frankly this is a market that is very noisy, and it makes quite a bit of sense that we would see a lot of choppiness in this region.
The Japanese Yen Is Failing
Video By:
Jeffrey P. Snider
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Thursday, May 9, 2024 7:00 AM EDT
Japan's government conducted three (unconfirmed) major currency interventions in less than a week.
GBP/USD Analysis: All Eyes On BoE Decision
Article By:
Mahmoud Abdallah
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Thursday, May 9, 2024 6:39 AM EDT
It is unlikely that the Bank of England will cut interest rates at this meeting, but there is speculation that there will be a signal that rates will be cut in June.
AUD/USD Forex Signal: Could Retest The Resistance At 0.6650 Soon
Article By:
Crispus Nyaga
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Thursday, May 9, 2024 6:28 AM EDT
The AUD/USD exchange rate remained under pressure as traders assessed the recent actions by the Federal Reserve and Australia’s central bank.
Japanese Market Commentary - Thursday, May 9
Article By:
James Harte
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Thursday, May 9, 2024 6:04 AM EDT
Japanese stocks are seeing firm selling pressure on Thursday following the publishing of the BOJ’s summary of opinions overnight.
In this article: FXY
FX Daily: Sterling On The Edge
Article By:
ING Economics
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Thursday, May 9, 2024 6:00 AM EDT
Amid quiet FX trading conditions, attention during European hours falls squarely on the Bank of England’s policy decision.
AUD/JPY Advances To Near 102.50 Despite The Fear Of Japan’s Intervention
Article By:
Akhtar Faruqui
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Thursday, May 9, 2024 5:54 AM EDT
AUD/JPY gains ground as RBA is expected to maintain higher rates for an extended period. The fear of Japan’s intervention could limit the advance of the pair.
USD/CHF Trades On A Positive Note Above 0.9050, Focus On Fed’s Daly’s Speech
Article By:
Lallalit Srijandorn
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Thursday, May 9, 2024 5:46 AM EDT
USD/CHF drifts higher to 0.9085 in Thursday’s European session. The hawkish comments from many Fed policymakers support the US Dollar (USD).
UK Market Commentary - Thursday, May 9
Article By:
James Harte
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Thursday, May 9, 2024 5:45 AM EDT
All eyes are on the Bank of England today as it meets for its May monetary policy meeting.
Elliott Wave Technical Analysis: Euro/U.S. Dollar - Thursday, May 9
Article By:
Peter Mathers
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Thursday, May 9, 2024 5:30 AM EDT
The EUR/USD Elliott Wave analysis outlines a corrective structure with "black wave 2" in progress, indicating a possible end to the correction and a subsequent shift in the market.
Two Trades To Watch: GBP/USD, USD/JPY Forecast - Thursday, May 9
Article By:
Fiona Cincotta
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Thursday, May 9, 2024 5:15 AM EDT
GBP/USD falls ahead of the BoE rate decision. USD/JPY rises despite a more hawkish BoJ.
US Dollar Extends Rally Against Japanese Yen
Article By:
ForexCycle
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Thursday, May 9, 2024 4:20 AM EDT
The USDJPY currency pair has extended its impressive upside move, rallying from the 151.86 low to a high of 155.69 in recent trading sessions.