The Federal Reserve raises interest rates by 0.25 basis points and core currencies are falling after rising yesterday

Yesterday the financial market had an unusual move after the Federal Reserve raised the interest rate 0.25 to 2.25% as expectations and 4 other gains were made in December and another 3 in 2019 as well as another increase in 2020 to keep the Federal Reserve in line with market expectations.

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China cancels negotiations with the US, Euro rises after positive economic data in Germany, touching 1.1814 level

The U.S. equity futures gapped lower at the Globex open in reaction to further deterioration of the U.S/China trade situation, with China canceling talks. The Chinese and Japanese markets were closed for the day as the Hang Seng ended -1.6%.

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US stocks are rebounding and the pound is jumping and approaching the 1.33 level

Global equities are relieved in light of the fresh US and Chinese tariffs on reciprocal imports were less tough than expected continue to plague the day. However, market participants remained cautious ahead of the next steps in the US-China trade war.

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A positive Asian session generally carried over into the European hours

A positive Asian session generally carried over into the European hours. The Yuan rallied after the Chinese Premier said that devaluation is not on the table, while the AUD supported was in tandem

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Turkish Lira regains its strength after the rate hike, ECB and BOE keep interest rate and Dollar loses its strength against currencies

The Central Bank of the Republic of Turkey (CBRT) jacked up its one-week repo rate to 24% from 17.75%. Australia’s economy added almost 3 times more full-time jobs in August than analysts predicted.

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The Australian dollar is rising after the positive jobs report and markets await the ECB and BOE meeting today

A report from Australia revealed that the economy added a net of 44 K jobs for the month of August, which was better than July’s revision but also outmatches expert’ estimates of a 15,000 increase. similar, the unemployment rate was also positive, when it matched last month’s 5.3% reading, which remains the lowest since November 2012.

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The Australian dollar is rising slightly after falling sharply and pound is touching 1.3086 as the highest price

AUD/USD closed at 0.7125 from 0.7115 yesterday, up 0.17%. The Aussie slumped in Asia yesterday to 0.70849, fresh lows not seen since early 2016. 

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The dollar is down against currencies and traders awaiting the Non-Farm Payrolls report today

The US Dollar eased heading into August Payrolls after the ADP National Private Employment report increased less than expected. Stocks fell, treasuries rose, yields dropped.

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Euro and Pound Rise after Positive developments on Brexit and markets are preparing for tomorrow's Non-Farm Payrolls report

In an otherwise quiet trade, Sterling soared on a story that Germany and Britain abandoned key Brexit demands. Which would pave the way for the UK to strike a deal with the EU. GBP/USD jumped 150 points

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USD is dominating the markets and rising against all the currencies and EUR is touching the 1.1530 level

Emerging Market agony spread around the globe belting currencies from Argentina to South Africa, Iran and Sri Lanka. The Dollar advanced, lifted by outflows from the EM markets and robust US ISM Manufacturing data that hit 14-year highs. Yields climbed while stocks fell

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