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The Federal Open Market Committee blackout period has mercifully spared the public from the cacophony of Fed-speak for nearly two blissful weeks. US Federal Reserve communications seem increasingly to have an insider, esoteric quality – one reflecting legitimate technical debate, but also bound to confuse and perturb the public. Ahead of the blackout ...
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A surprise announcement by French President Emmanuel Macron to hold a snap election following a heavy defeat in the European Parliamentary elections shook the euro on Monday. It is not often we see euro pairs dominate volatility at the very beginning of the trading week, but the announcement was enough to see euro pairs gap down, sending EUR/GBP down to a ...
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