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Federal Reserve System (Fed) Interest Rate Decision

Today at 7:00pm UK time. Fed Interest Rate Decision is made on a predetermined date during the vote among the members of the Federal Open Market Committee (FOMC) on the short-term interest rates to be charged from credits and commercial bank loans. F: 1.75%, P: 1.75%

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US30 - Settles Below 28000 as Fed Meeting Underway

 

 
In the last week the US30 index has rallied well back above 28000 before easing in the last two days. It had fallen sharply away from all time highs above 28000 and was possibly eyeing off support at 27000 given the rate it was falling, however it has now settled just below 28000. After trading around the key 27000 level for several weeks, the last few weeks have seen the US30 index surge higher to new all time highs above 28000, before dropping sharply and returning a lot of the gains and then rallying higher.
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US30 - Moves to New Highs above 28000 as Former Chair Yellen Talks on Economy Risks

 

 
After trading around the key 27000 level for several weeks, the last few weeks have seen the US30 index surge higher to new all time highs above 28000, before easing in the last week and rallying again. It is currently trading around the previous peak so it may just be experiencing some selling pressure at this level. Throughout October it rallied well and moved back above the current key level of 27000 after the index was ably supported by the 26000 level which propped up the index earlier.
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XAUUSD - Settles Around $1470 after Fed Minutes

 

 
In the last week or so gold has slowly edged higher back around $1470 after dropping sharply back through the key $1500 level to a three month low below $1450. For the last two months gold has settled around the current key $1500 level, moving back and forth around this level, seemingly content to not move anywhere else, so the recent move lower could be significant. In the first week of September gold fell sharply from its multi year highs above $1550 down back below the $1500 level however it has been well supported and it has kept its head about this key level, or thereabouts up until three weeks ago.
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US30 - Eases from All Time Highs above 28000 as Rates at Right Level

 

 
After trading around the key 27000 level for several weeks, the last few weeks have seen the US30 index surge higher to new all time highs above 28000, before easing in the last day. Throughout October it rallied well and moved back above the current key level of 27000 after the index was ably supported by the 26000 level which propped up the index earlier. It was again the 26000 level which allowed the index to move well to a one month high above 27000 mid-September.
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XAUUSD - Settles Around $1500 as IMF Warns on Global Growth

 

 
In the last two months gold has settled around the current key $1500 level, moving back and forth around this level, seemingly content to not move anywhere else. In the first week of September gold fell sharply from its multi year highs above $1550 down back below the $1500 level however it has been well supported and it has kept its head about this key level, or thereabouts.
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US30 - Trades to All Time Highs above 27500 as Fed Signals Rates Pause

 

 
After trading around the key 27000 level for several weeks, the last few days have seen the US30 index surge higher to new all time highs above 27500. In the last month or so, it has rallied well and moved back above the current key level of 27000 after the index was ably supported by the 26000 level which propped up the index after a strong fall several weeks ago.
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Federal Reserve System (Fed) Interest Rate Decision

Today at 6:00pm UK Time. Fed Interest Rate Decision is made on a predetermined date during the vote among the members of the Federal Open Market Committee (FOMC) on the short-term interest rates to be charged from credits and commercial bank loans. F: 2.0%, P: 2.0%.

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Valutrades Market Blast Fundamentals 21 October 2019

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XAUUSD - Settles Around $1500 as Fed Releases Minutes

In the last four weeks gold has settled around the current key $1500 level, moving back and forth around this level. Earlier last month gold fell sharply from its multi year highs above $1550 down back below the $1500 level however it has been well supported and it has kept its head about this key level. It was support from $1500 that allowed it to make a run and push higher to achieve a six year high above $1550 before the recent drop down to $1500. 

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