WH Econ Advisor Kudlow: Hopefully Fed will now ‘step aside’

Commenting on the disappointing retail sales data, White House economic advisor Larry Kudlow told CNBC that the Fed would now hopefully 'step aside.' Kudlow further argued that there could be 'glitches' in the sales figures. Regarding the trade talks, Kudlow said there has been no decision on whether to push the March 1 deadline and announced that U.S. negotiators were going to meet China's Xi on Friday.

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EUR/USD stabilizes at the highs amid calm markets

EUR/USD is trading around 1.1350, just below the fresh two-week highs. Stocks markets are slightly higher as Brexit is due for a delay, amid OK German data, and ahead of the Fed decision on Wednesday. 

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GBP/USD is off the highs amid Brexit uncertainty

GBP/USD is trading below 1.3300, in the middle of the daily range. UK PM May is preparing a request for delaying Brexit, but it is unclear for how long. The EU is ready for a no-deal scenario.

GBP/USD News

USD/JPY: Recovers early lost ground, bulls trying to regain control

Following a drop to a fresh 5-day low of 111.15 earlier in the day, the USD/JPY pair reversed its course and erased all of its daily gains. As of writing, the pair was virtually unchanged on a daily basis at 111.43.

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Editors’ Picks

EUR/USD stabilizes at the highs amid calm markets

EUR/USD is trading around 1.1350, just below the fresh two-week highs. Stocks markets are slightly higher as Brexit is due for a delay, amid OK German data, and ahead of the Fed decision on Wednesday. 

EUR/USD News

GBP/USD is off the highs amid Brexit uncertainty

GBP/USD is trading below 1.3300, in the middle of the daily range. UK PM May is preparing a request for delaying Brexit, but it is unclear for how long. The EU is ready for a no-deal scenario.

GBP/USD News

USD/JPY: Recovers early lost ground, bulls trying to regain control

Following a drop to a fresh 5-day low of 111.15 earlier in the day, the USD/JPY pair reversed its course and erased all of its daily gains. As of writing, the pair was virtually unchanged on a daily basis at 111.43.

USD/JPY News

Federal Reserve Preview: Dots before our eyes

The American economy is expected to have expanded at a quarterly average of 3.05% in 2018 when the final revision of fourth quarter GDP is released on March 29th (forecast 2.4%).

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Federal Reserve Preview: Dots before our eyes

Fed Funds 2.25%-2.5% target range not in contention at this FOMC. Market focus will be on the Projection Materials. 

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