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Fed preview - The last meeting of this year | December 2022
The central bank is set to slow rate hikes It is predicted that Federal Reserve will slow its interest rate hikes at the end of its two-day policy meeting on Tuesday and Wednesday. The latest inflation data published Tuesday shows that consumer...
Both CPI and Core CPI Fell to raise the stocks!
USD Index in almost seven months lowWhile market participants were waiting for another decrease in inflation numbers, actual numbers showed a much more significant reduction than estimates. Investors were expecting that inflation in November rai...
Gold is in a bullish Channel. How far can it go?
Fed Wednesday`s meeting is a crucial driver! While Gold ended last week with a positive sentiment, this week started with a downward movement. However, the condition is so mixed that investors and traders mostly wait for Wednesday`s Fed announce...
Crypto bulls waver as Bitcoin breaches support
Bitcoin price bullish momentum seems to have petered out as the price has fallen below $17,000 again. Looks like bulls’ optimism wavered after the price hit one-month high last week. Bears are in control currently as price is testing the support. The...
Sterling after upbeat UK data
Currently, the BOE`s interest rate is at 3.0%, and the difference with the Fed`s rate of 4.0% puts pressure on the Sterling.GBPUSD is supposed to have a volatile week, as central banks in the US and UK will have a monetary policy meeting. The week st...
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