Breaking: Fed's Powell says ongoing interest rate increases will be appropriate

While testifying before the Senate Banking, Housing, & Urban Affairs Committee on Wednesday, FOMC Chairman Jerome Powell said that ongoing interest rate increases will be appropriate.

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GBP/USD to extend recent gains on a close above 1.23 – Scotiabank

GBP/USD reverses losses below 1.21. The pair could enjoy further gains on a close above the 1.23 level, in the opinion of analysts at Scotiabank. Supp
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USD/JPY to skyrocket towards the 147.62/153.01 zone – Credit Suisse

USD/JPY has now seen a conclusive break above the 135.20 high of 2002. This move should reinforce the bull trend for an eventual rise to 147.62/153.01
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