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Weekly Market Pulse: Surprises

Weekly Market Pulse: Surprises
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Economy Statement By Eric Van Nostrand, Performing Duties Of US Assistant Secretary For Economic Policy For The Treasury Borrowing Advisory Committee

Economy Statement By Eric Van Nostrand, Performing Duties Of US Assistant Secretary For Economic Policy For The Treasury Borrowing Advisory Committee
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The Fed will likely hold rates steady this week Markets want to know when rate cuts will start

The Fed is widely expected to hold interest rates steady this Wednesday at its first policy meeting of 2024. Investors will be looking for any clues about when cuts could begin.

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Japanese Yen oscillates in a range against USD, looks to US PCE data for fresh impetus

The Japanese Yen (JPY) ticks lower against its American counterpart during the Asian session on Friday after data showed that consumer inflation in Japan's national capital decelerated sharply in January.

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EUR/USD backslides on Thursday after ECB rate hold, US GDP data beat

EUR/USD tumbled back into the low side of 1.0850 as the pair resumes cycling within familiar levels on the week, with bearish flows forcing the Euro (EUR) further down against the US Dollar (USD) after the European Central Bank (ECB) held rates steady and US Gross Domestic Product (GDP) figures grew faster than expected in the fourth quarter.

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