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15 Mar 2021

FOMC: No change expected at this week’s meeting – UOB

Lee Sue Ann, Economist at UOB Group, assesses the upcoming FOMC meeting (Wednesday).

Key Quotes

“Fed Chair Jerome Powell’s latest testimony continued to reaffirm the expectations that it would be “some time” before conditions to scale back their massive bond purchases were met.”

“We continue to hold the view that the Fed will keep policy rates at the current 0.00%-0.25% region at least until 2023.”

“This is premised on the continued successful rollout of vaccinations, as well as more fiscal stimulus in the coming months.”

Mar 15, 2021

AUD/USD Price Analysis: Recovers intraday losses, not out of the woods yet

The AUD/USD pair struggled to capitalize on its early uptick, instead met with some fresh supply near the 0.7775 region and turned negative for the se
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Mar 15, 2021

Gold Price Analysis: XAU/USD trades near session tops, just above $1730 level

Gold traded with a mild positive bias through the first half of the European session and was last seen hovering near the $1730 region, up around 0.55%
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