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Forex Today: Stock Markets Rising Again After Fed Volatility US Fed Cuts by 0.50%, Promises 0.50% More By 2025; Risky Assets Decline Then Rebound on “Sell the Fact”; Gold, S&P 500 Index Trade at New All-Time Highs; Markets Await Bank of England, Bank of Japan Gold Price Analysis: Targeting $2600 per Ounce Gold retreated to $2563 after almost hitting a new record high of $2600/oz as investors digested the latest US Federal Reserve decision.
United States Federal Reserve Chops Rates by 0.50%
The Federal Reserve lowered interest rates on Wednesday by 0.50%, or 50 basis points, bringing the benchmark interest rate to a target range of 4.75 percent to 5.50 percent.Browse by Currency Pair
Daily Market Analysis
AUD/USD Forex Signal: Bullish Stock Market Moves Boost Aussie The US Federal Reserve’s dovish rate hike and statement have had the effect of making the Australian Dollar the strongest major currency on improved risk appetite. 
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Weekly Forex Forecast – EUR/USD, GBP/USD, USD/CHF, USD/JPY, Gold, US 2-Year Treasury Yield
Last week saw mixed sentiment and unexpectedly robust US CPI and PPI data, which cast doubt on the anticipated fast pace of approaching rate hikes by the Federal Reserve. This boosted the USD, although markets resumed moving in the direction of long-term trends by the end of the week. Free Forex Trading Signals & Analysis Get the latest Forex news and analysis
At DailyForex, we’re out to prove that free Forex signals can be just as trustworthy as expensive signal subscriptions. Our reliable Forex signals will provide you with expert advice about when to buy and sell the major currency pairs without costing you a penny.
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