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Fed hike seems likely to increase investor clarity - TDS

FXStreet (Delhi) – Research Team at TDS, finds little remaining fear of Fed tightening, but investors are overwhelmingly waiting to increase their exposure to markets after the Fed which is providing scope to support risk.

Key Quotes

“This was particularly noticeable in EM sentiment, where many investors are in wait and see mode, rather than the sizeable de-risking moves we have seen.”

“While most were inclined to long USD views, we sensed support was more tepid beneath the surface than earlier in the year, making us comfortable that trends could favour our view for a weaker USD in 2016.”

USD/JPY bounced off hourly 100-MA, but below 123.00

The USD/JPY pair bounced-off its hourly 100-MA seen at 122.72, but the recovery failed to take the pair back above 123.00 levels despite uptick in the Asian stocks.
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ECB policy meeting preview: Deposit rate cut on the cards - Westpac

Research Team at Westpac, suggests that the ECB could not have been clearer in its recent communications: come December, the Governing Council will provide further accommodation to the Euro Area.
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