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4 minutes ago
AUD/USD drops under 0.7000 as USD strengthens amid Middle East war
AUD/USD extends its pullback and trades around 0.6990 on Tuesday at the time of writing, down 1.36% on the day, after breaking below the 0.7000 level. The pair is now hovering at multi-week lows, pressured by renewed demand for the US Dollar (USD) and a market environment dominated by risk aversion.
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21 minutes ago
ECB: Energy shock keeps policy steady – Nomura
Nomura’s Andrzej Szczepaniak, Josie Anderson, George Buckley and David Seif argue that the European Central Bank will largely look through recent energy-driven market moves and keep its focus on its end-horizon HICP forecast.
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47 minutes ago
Fed’s Williams: Eventual rate cuts aimed at keeping policy from being too restrictive
John Williams, President of the Federal Reserve (Fed) Bank of New York, did not address the economic impact of the Iran conflict at the America's Credit Unions Governmental Affairs Conference, in Washington DC on Tuesday.
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59 minutes ago
Fed’s Schmid: Inflation is hot
Jeffrey Schmid, President of the Federal Reserve (Fed) Bank of Kansas City said that there’s no room to be complacent on inflation, claiming that inflation is hot and that demand is outpacing supply at the Metro Denver Executive Club in Denver, Colorado on Tuesday.