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#Forex
dollars
Dollar pulls back after Fed hikes

The US dollar saw some light profit taking and stocks jumped after the Federal Reserve hiked rates but failed to aggressively signal more big hikes to come.

Australia
AUD slumps in unusual reaction to hawkish RBA

The Aussie dollar dropped sharply in reaction to a surprise hawkish shift from the RBA that dropped its YCC program. The dollar gained before the Federal Reserve meeting on Wednesday.

ECB
EURUSD retakes 1.10 ahead of ECB

Oil and gold prices dropped back while stocks saw a short-covering rally and the euro gained ground on talk of a new joint European debt issuance and ahead of Thursday’s ECB meeting.

news-6
FOMC Meeting Preview

Markets have mostly pressed the pause button in the lead up to today’s FOMC meeting with gold and the dollar trading in narrow ranges and US stocks ending flat and just off record highs.

brexit
EUR/GBP hits 11-month low

The euro-pound currency pair hits its lowest since March 2020, while the US dollar steadied from its recent ascent after higher-than-expected jobless claims data. Bitcoin pulled back while gold lingered near multi-month lows.

vaccine_pfizer
UK approves COVID vaccine

The UK has become the first country to approve the use of a covid-19 vaccine. A stimulus bill is being discussed again in Washington DC. The S&P 500 hit a record high and the US dollar fell to fresh 2 ½ year lows while gold jumped.