Further dollar selloff awaits further Fed guidance – BofA

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Key takeaways The big banks dominate the reporting docket this week. 35 S&P 500 members in total are expected to report. Q3 earnings are currently expected to grow 5.7% YoY on 6.1% higher revenues. The Q3 earnings season gets going in earnest this week, with almost 80 companies on deck to report results, including 35…

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By RoboForex Analytical Department The GBP/USD pair has slowed its decline, stabilising near 1.3391. On the previous day, Bank of England Governor Andrew Bailey addressed key global economic challenges in a speech at Mansion House. He described the latest wave of trade tariffs as a systemic event capable of reshaping global trade dynamics. Bailey highlighted…

As the chart of the ASX 200 index (Australia 200 on FXOpen) shows, today’s candle has moved above the 9,210 level, marking a fresh all-time high. Since the start of the year, the benchmark of Australian equities has gained more than 5.6%, supported by: → A strong earnings season. A significant number of companies not…