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Fed's dovish cries leave US dollar weak

The US dollar is weaker thanks to fresh doubts as to when the Federal Reserve will raise rates.

Fed's dovish cries leave US dollar weak

US Fed opts for prudence

In the US, the Federal Open Market Committee’s (FOMC’s) meeting minutes revealed the logic behind the decision to keep interest rates on hold at its September meeting.

Sterling gets a boost

There was some fairly good news from the UK early yesterday morning, where industrial production data moved GBP/USD back above 1.53 and GBP/EUR above 1.36.

CD South Africa: Second wind for the rand

Just like that, the local unit is on the front foot as it starts off this morning below the 13.50/$ support level.

Global growth concerns as central banks meet (video)

With the UK economy showing signs of cooling off, tomorrow Mark Carney will be under pressure to provide suggestions as to how inflation can be increased before any decisions can be taken on the timing of an interest rate rise in the UK.

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