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US Tech Sell-Off Challenges Risk Appetites Ahead of the FOMC

January 31, 2024
Overview: Ahead of the US Treasury's quarterly refunding announcement and the outcome of the FOMC meeting, the dollar is trading higher against all the G10 currencies. With US high-flying tech stocks posting steep losses after disappointing earnings reports, the currencies most sensitive to risk-appetites, the dollar bloc and the Norwegian kro…
US Tech Sell-Off Challenges Risk Appetites Ahead of the FOMC US Tech Sell-Off Challenges Risk Appetites Ahead of the FOMC Reviewed by Marc Chandler on January 31, 2024 Rating: 5
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EMU Q4 23 GDP Stagnates, Underscoring Divergence with the US

January 30, 2024
Overview: The US dollar is mixed ahead of the start of the FOMC meeting and is mostly in its recent ranges. The euro, which was sold below $1.08 yesterday for the first time since mid-December is holding above it today. The less-than-expected projection of US Treasury borrowing requirements for Q1 and Q2 weighed on US rates, which, in turn, dragge…
EMU Q4 23 GDP Stagnates, Underscoring Divergence with the US EMU Q4 23 GDP Stagnates, Underscoring Divergence with the US Reviewed by Marc Chandler on January 30, 2024 Rating: 5
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Oil Retraces Initial Surge, Euro Slips to Marginal New Low, while Sterling Hugs $1.27 Oil Retraces Initial Surge, Euro Slips to Marginal New Low, while Sterling Hugs $1.27 Reviewed by Marc Chandler on January 29, 2024 Rating: 5
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February 2024 Monthly

January 27, 2024
The coming weeks will likely continue the correction of the trends that began last month. The markets recognize that tightening cycle is over. However, they swung hard, pricing in aggressive easing by most of the G10 central banks, including the Federal Reserve and the European Central Bank. Official comments and some high-frequency economic data …
February 2024 Monthly February 2024 Monthly Reviewed by Marc Chandler on January 27, 2024 Rating: 5
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USD Looks Oversold on Intraday Basis Ahead of a Possible Risk-Off North American Session USD Looks Oversold on Intraday Basis Ahead of a Possible Risk-Off North American Session Reviewed by Marc Chandler on January 26, 2024 Rating: 5
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Attention turns to Lagarde's Press Conference and US Q4 GDP

January 25, 2024
Overview: The US dollar is trading mostly quietly in narrow ranges against the G10 currencies ahead of the ECB's President Lagarde's press conference at the conclusion of the policy meeting and the first estimate of Q4 US GDP. With elevated price pressures, Norway's central bank left rates steady and reiterated its signal that rates wi…
Attention turns to Lagarde's Press Conference and US Q4 GDP Attention turns to Lagarde's Press Conference and US Q4 GDP Reviewed by Marc Chandler on January 25, 2024 Rating: 5
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