Market Analysis and News
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16 Sep 07.27
This Week: FX trillions await central bank trio
FX trading worldwide sees about US$ 7.5 trillion change hands each day, according to the Bank for International Settlements. The US dollar index, GBPUSD, and USDJPY will be especially sensitive to 3 central bank meetings this week, with the Fed taking centre stage.
13 Sep 10.50
Brent rebounds amid mixed signals
Brent crude oil is rebounding due to technical factors and disruptions from Storm Francine. However, concerns about demand and a pessimistic outlook from the IEA may limit the sustainability of this recovery.