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European indices open higher as stocks look for more optimistic end to the weekEuropean indices open higher as stocks look for more optimistic end to the week

Eurostoxx +0.5%Germany DAX +0.6%France CAC 40 +0.5%UK FTSE +0.7%Spain IBEX +0.6%Italy FTSE MIB +0.6% The better sentiment is carried by tech shares though, with S&P […]

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USDJPY Technical AnalysisUSDJPY Technical Analysis

USD The Fed left interest rates unchanged as expected at the last meeting with basically no change to the statement. The Dot Plot still showed […]

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A light one on the data docket in Europe todayA light one on the data docket in Europe today

After some back and forth action yesterday, the dollar is holding steadier so far on the day at least. USD/JPY is in focus after the […]

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FX option expiries for 26 April 10am New York cutFX option expiries for 26 April 10am New York cut

There is one to take note of, as highlighted in bold. That being for EUR/USD at the 1.0750 level. It isn’t one with major technical […]

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EURUSD Technical AnalysisEURUSD Technical Analysis

USD The Fed left interest rates unchanged as expected at the last meeting with basically no change to the statement. The Dot Plot still showed […]

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Heads up: BOJ governor Ueda press conference coming up soonHeads up: BOJ governor Ueda press conference coming up soon

He definitely has a tough balancing act to do today. The BOJ policy decision didn’t offer much and given recent inflation data, it’s hard to […]

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How is the balance of risks shaping up ahead of the US PCE price data later today?How is the balance of risks shaping up ahead of the US PCE price data later today?

The reaction to the US Q1 GDP data yesterday was an interesting one. But perhaps it offers a hint of what to expect from the […]

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ICYMI: Trump advisers consider penalties for nations shifting away from the US dollarICYMI: Trump advisers consider penalties for nations shifting away from the US dollar

There’s never a dull moment when Trump is in the headlines, eh? The latest is that his economic advisers are discussing ways to actively stop […]

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Bank of Japan interest rate decision: Unchanged at 0%-0.10%. Removes key line on bond buysBank of Japan interest rate decision: Unchanged at 0%-0.10%. Removes key line on bond buys

Removes reference from statement that it currently buys about 6 trillion yen of JGBs per monthAt the March 18 decision, the BOJ hiked rates for […]

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Forexlive Asia-pacific FX news wrap: Bank of Japan leaves rates unchangedForexlive Asia-pacific FX news wrap: Bank of Japan leaves rates unchanged

Bank of Japan interest rate decision: Unchanged at 0%-0.10%. Removes key line on bond buysTokyo April CPI ex fresh food +1.6% y/y vs +2.2% expectedA […]

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