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US oil on track for 5-day winning streak as traders await Fed decision

U.S. oil futures were on track to extend gains to a fifth straight session on Wednesday after a report on inventories showed a greater-than-expected weekly drop. Investors also were awaiting a highly anticipated Federal Reserve policy meeting that’s expected …Read more





US oil on track for 5-day winning streak as traders await Fed decision

US oil futures were on track s crucial Fed meeting Meanwhile the Fed is seen as virtually certain to cut interest rates when it concludes a two-day meeting at 2 pm Eastern Time about a half-hour before crudes settlement Oil traders said
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FTSE CLOSE Footsie flat ahead of interest rate guidance from the Fed

Currently other major central banks are easing aggressively and the strong dollar and slumping oil prices are driving down US inflation session winning streak yesterday Traders were looking ahead towards the latest decision from the Fed which
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Soybeans rise set for longest winning streak in 6 years

Still the United States has ample supplies from last years bumper harvest while Brazil is on track US Treasury secretary Steven Mnuchin that he welcomed a weaker currency while the euro was firm ahead of the European Central Banks policy decision
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Dollar Gains at Month-End as Traders Await BOE Next Fed Chair

The Bloomberg dollar index was on track for a monthly gain of 17 its best performance since November and gained for a second consecutive month for the first time this year The Fed began its two from foreign exchange traders familiar with the
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A traders await RBA decision Greek talks in focus

The lack of news in either direction tells you why traders are sitting on their hands US debt yields also dropped to end Friday at 2056315 the longest winning streak since a 13-day run in February 1988 during the height of Japans stock market
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European Shares Seen Up As US Senate Passes Budget Blueprint

The dollar weakened against its rivals amid political tensions in Spain as a deadline set by Madrid for a final decision on independence approaches Traders also remain anxious to hear who President Donald Trump will pick as next Fed chief with media
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