Last week, 60% of analysts adopted a neutral stance in their previous forecast and were proven absolutely correct. EUR/USD had a calm week, even boring at times, moving along the 1.0650 mark within the narrow corridor of 1.0600-1.0690. Market participants were recuperating from the rally of the preceding days, with dollar bulls counting profits and bears licking their wounds. The American currency reached five-month highs against the euro, British pound, Australian, and New Zealand dollars, while USD/JPY once again set a 34-year price record, and the DXY index climbed to 106.42.
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Price Analysis: Pause After 37999 Print – 11 November 2023 Bitcoin (BTC/USD) continued to take a respite early in the Asian session as the pair moderated…
Fed 'Pauses' After 10 Hikes; Signals Very Hawkish Outlook, No Recession Since the last FOMC statement on May 3rd, where Powell hiked rates 25bps but offered…