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Fed fund futures suggest a 40% chance of a 50bps September cut Powell’s Jackson Hole speech adds importance to jobs data US employment report scheduled for Friday at 13:30 GMT Investors see increasing chance of 50bps cut The dollar had a rough time in August, underperforming against all its major counterparts as market participants remained […]

The post Will the NFP Take a September Double Fed Cut Off the Table? appeared first on Action Forex.

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Bank of Canada Cuts Rates Again, Signals More to Come

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22/12/2023

GBP: Retail Sales Likely to Calm GBP

The Bank of England (BoE) is facing criticism for being slow to respond to the marked decline in UK price growth. The latest official data revealed a significant drop in consumer price growth to 3.9% in November, down from 6.7% in September. This unexpected decrease has prompted market reactions, with investors betting that the BoE […]
17/06/2024

Sunset Market Commentary

Markets A sense of calm returned to European markets for now. Le Pen from the poll-leading Rassemblement National sought to reassure investors on the budgetary front if her party were to win the elections. It may have helped to stop the rout in European/French assets in a daily perspective after a disastrous week. Equities in […]
02/07/2024

RBA Minutes: Gaps Are Narrowing, And So Is The Path

The RBA’s strategy relies on assessing gaps between supply and demand. There are uncertainties involved in this approach, but so far, the inflation outlook hasn’t changed enough to spur a rate increase. The minutes for the RBA Board’s June 2024 meeting highlighted that levels matter in the RBA’s view of the economy, as well as […]