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FX Market Commentary: Bob Iaccino, 10/5/22
Sterling pulls back after rallying for five sessions. Bob Iaccino examines.
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- 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 ...
- 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 ...
- 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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- 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. ...
- 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 ...
- 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:Category: Fundamental AnalysisComments: 0 / Views: 478