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Thursday, March 20, 2025

European Markets Wrap-Up: BOE leaves bank rate unchanged at 4.50%, as expected

BOE leaves bank rate unchanged at 4.50%, as expected

Prior 4.50% Bank rate vote 8-1 vs 7-2 expected (Dhingra voted to cut bank rate by 25 bps) There has been substantial progress on disinflation That progress allowed for gradual withdrawal of policy res... 

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Nasdaq Technical Analysis – The Fed signals no help

Fundamental Overview The FOMC decision didn't provide anything new. In fact, the Fed delivered on expectations with no surprises whatsoever. The central bank kept rates steady, reduced the QT pace, re... 

ForexLive European FX news wrap: Dollar firms as risk appetite gets sapped

Headlines: Dollar gains as risk appetite gets a check back Weekly update on interest rate expectations SNB cuts key policy rate by 25 bps to 0.25%, as expected SNB chair Schlegel: With this step, mone... 

Weekly update on interest rate expectations

Rate cuts by year-end Fed: 68 bps (79% probability of no change at the upcoming meeting) ECB: 49 bps (60% probability of rate cut at the upcoming meeting) BoE: 53 bps (96% probability of no change at... 

S&P 500 futures now down 0.4% on the day

S&P 500 futures Turnaround Thursday is in the making as the jitters have quickly returned to markets today. The Fed managed to calm some nerves yesterday but we're seeing a reversal of that today... 

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Latest Forex Orders

FX option expiries for 20 March 10am New York cut

There are just a couple to take note of on the day, as highlighted in bold . They are both for EUR/USD at the 1.0900-10 levels. As such, the expiries could once again act as more of a magnet in keepin... 

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