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Dollar Softens On FOMC’s Dovish Stance

The dollar remains subdued due to the Fed’s balanced assessment of inflation and recession risks. The dollar struggles below the $106 mark as the Federal Reserve adopts a dovish stance, signalling a potential end to its rate-hiking cycle. Despite a stronger-than-expected U.S. Producer Price Index (PPI), the dollar remains subdued due to the Fed’s balancedContinue Reading
Written on October 12, 2023 at 5:42 am
Categories: Daily Market Analysis
How Is The Israel-Hamas War Affecting Oil And Gold Prices

What Is The Israel-Hamas War About? The Gaza-Israel conflict, commonly referred to as the Israeli-Palestinian conflict, is a protracted dispute between Israel and the Palestinian organisation Hamas. The conflict has gone on tumultuously for decades, but Hamas decided to launch an unprecedented attack against Israel on 7 October by deploying armed troops and thousands ofContinue Reading
Written on October 11, 2023 at 6:05 am
Categories: Trading Blog, Trading Knowledge
Dollar Softens Ahead Of FOMC Meeting Minutes

US Dollar tumbled ahead of several crucial market events, including CPI, PPI as well as FOMC Meeting Minutes Investors navigated a cautious market terrain as more Federal Reserve officials echoed dovish sentiments, indicating the necessity of maintaining rates at a restrictive level to curb inflation. Anticipation mounts ahead of the September FOMC meeting minutes, expectedContinue Reading
Written on October 11, 2023 at 5:30 am
Categories: Daily Market Analysis
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