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  • FX Market Commentary: Bob Iaccino, 10/5/22

    From youtube.com/cmegroup

    Sterling pulls back after rallying for five sessions. Bob Iaccino examines.
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    The Bank of Japan and the Yen intervention

    From pepperstone.com|Oct 5, 2022

    On the 14th of September, the Bank of Japan carried out a ‘check’ on currency rates, a move believed to be the first step on the way to a Yen intervention.On Thursday the 22nd of ...

    FINRA Fines UBS Securities $2.5 Million for Regulation SHO Violations and Supervisory Failures

    From finra.org|Oct 5, 2022

    FINRA announced today that it has fined UBS Securities LLC (UBS) $2.5 million for Regulation SHO (Reg SHO) violations and supervisory failures spanning a period of nine years. Reg ...

    Bostic, on speculation of rate cuts in 2023, says 'not so fast'; Fed shouldn’t 'overreact’ if 2%...

    From @cablefxmacro|Oct 5, 2022|1 comment

    tweet at 4:00pm: *BOSTIC, ON SPECULATION OF RATE CUTS IN 2023, SAYS `NOT SO FAST' *BOSTIC: FED SHOULDN’T `OVERREACT’ IF 2% ISN’T QUICKLY REACHED *BOSTIC: BASELINE IS ECONOMY CAN WITHSTAND 4% TO 4.5% *BOSTIC WARNS AGAINST REVERSING COURSE `PREMATURELY’ tweet at 4:02pm: Fed’s Bostic: Repeats Wants Rates At A "Moderately Restrictive" Level From 4 To 4.5%, Then Hold To Assess Impact - Fed Should Not Be Quick To Cut Rates If Economy Weakens, But Stay "Purposeful And Resolute" In Seeing Inflation Lowered

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    EUR rates: pricing 2023 ECB hikes

    From corporate.nordea.com|Oct 5, 2022

    Large rate moves are driven by the pricing of ECB hikes in 2023. The ECB narrative is important: normalisation or tightening? Normalisation would imply peak rates is close. ...

    Pivot talk killed by resilient US services ISM read

    From business.nab.com.au|Oct 5, 2022|3 comments

    It has been another volatile session in markets, US equities opened lower not helped by anticipated news of a bigger oil cut supply agreement by OPEC +. Then, the initial reaction ...

    World Currency Reserves Shrink by $1 Trillion in Record Drawdown

    From bnnbloomberg.ca|Oct 5, 2022

    Global foreign-currency reserves are falling at the fastest pace on record as central banks from India to the Czech Republic intervene to support their currencies. Reserves have ...

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  • Posted: Oct 5, 2022 5:43pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 0  /  Views: 478
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