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  • $WTI Crude Oil is currently trading at a fresh one year high just shy of 63.00 following today's #EIA report. Oil output and total stockpiles slumped last week, driven by the extreme weather in Texas. $OIL $USO https://t.co/BOtkO2QEN7
  • Fed Chair Powell: - Inflation dynamics evolve over time, don't change overnight - Expect higher inflation but not a large, persistent move - Economy still has a great deal of slack - Fed has tools to deal with unwanted higher inflation when necessary #Fed $USD
  • BoE Gov. Bailey: - It would take significant news for us to change the pace of QE purchases. #BoE $GBP
  • Fed Chair Powell: - Some asset prices appear elevated under certain measures - Overall leverage in the financial system is moderate #Fed $USD
  • BoE Gov. Bailey: - Pace of QE is influenced by the economic outlook, will be reviewed next month - We could reduce the pace of purchases and stretch them out over 2021 - Pace of purchases depends in part on market functioning #BoE $GBP
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  • Forex Update: As of 15:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: 0.56% 🇨🇦CAD: 0.27% 🇦🇺AUD: 0.11% 🇪🇺EUR: -0.23% 🇨🇭CHF: -0.45% 🇯🇵JPY: -0.73% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/L2ppQOR2u0
  • Indices Update: As of 15:00, these are your best and worst performers based on the London trading schedule: Germany 30: 0.72% FTSE 100: 0.32% Wall Street: 0.31% France 40: 0.27% US 500: 0.07% View the performance of all markets via https://www.dailyfx.com/forex-rates#indices https://t.co/N7peUe6CQc
  • Fed Chair Powell: - We want inflation expectations anchored at 2%, not below - We live in a world with a lot of disinflationary pressures - We believe we can and will get to 2%, may take longer than three years to do so #Fed $USD
DailyFX PLUS Content Now Available Freely to all DailyFX Users

DailyFX PLUS Content Now Available Freely to all DailyFX Users

David Rodriguez, Head of Product

DailyFX is proud to announce that its IG Client Sentiment data and other key resources from DailyFX+ are now freely available to all users on the public DailyFX.com sites. In the future we intend to reinstate an IG client-exclusive service providing greater analysis tools to our most-valued users. But in the interim please see below for where you can find the data and analysis previously only available via DailyFX+.

We thank you for your continued support of DailyFX. Please reach out to us directly via the comments box below.

David Rodriguez

Head of Business Development

DailyFX

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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