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BoE to 5.5% this week | bulls on the back foot | 7730 7767 resistance | 7680 7660 7625 support

#1 · 18th September 2023, 9:28 am

Technical analysis for FTSE 100 for 18th September 2023

Asian shares fell and the dollar was firm on Monday as investors looked ahead to a week packed with central bank meetings including the Federal Reserve and the Bank of Japan, which will be closely scrutinised for the global monetary policy outlook.

S&P 500 futures advanced 0.2% while Nasdaq futures edged 0.1% higher.

This week, global central banks will take centre stage, with five of those overseeing the 10 most heavily traded currencies - including the U.S. Federal Reserve - holding rate-setting meetings, plus a swathe of emerging market ones as well.