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FOMC: Key driver f market sentiment - Investec

FXStreet (Delhi) – Research Team at Investec, suggests that in what looks like a fairly quiet week ahead for news, the FOMC decision on Wednesday could be a key driver of market sentiment.

Key Quotes

“No policy changes are expected, but we will be looking for signs in the Fed’s written statement on whether the US policy normalisation is still on track, in light of recent market volatility.”

JPY: Recent safe haven driven gains reversing – MUFG

Lee Hardman, Currency Analyst at MUFG, notes that the yen has continued to weaken modestly in the Asian trading session reversing safe haven gains from earlier this year.
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United Kingdom CBI Industrial Trends Survey - Orders (MoM) came in at -15 below forecasts (-10) in January

United Kingdom CBI Industrial Trends Survey - Orders (MoM) came in at -15 below forecasts (-10) in January
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