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GBP/USD edges higher above 1.3500, eyes Fed rate cut outlook

The post GBP/USD edges higher above 1. 3500, eyes Fed rate cut outlook appeared com. GBP/USD gains after a gap-down open, trading around 1. 3510 during the Asian hours on Monday. The pair gains ground as the US Dollar (USD) faces challenges, which could be attributed to growing expectations of two more rate cuts by the Federal Reserve (Fed) in 2026. Traders are likely to focus on the Federal Open Market Committee (FOMC) December Meeting Minutes due on Tuesday, which may shed light on internal policy debates shaping the Fed’s outlook for 2026. The US central bank lowered the federal funds rate by 25 basis points (bps) at the December meeting, bringing the target range to 3. 50%-3. 75%. The Fed delivered a cumulative 75 bps of rate cuts in 2025 amid a cooling labor market and still-elevated inflation. The CME FedWatch tool shows an 81. 7% probability of rates being held at the Fed’s January meeting, up from 77. 9% a week earlier. Meanwhile, the likelihood of a 25-basis-point rate cut has fallen to 18. 3% from 22. 1% a week ago. The latest weekly US labor market data sent mixed signals. Initial Jobless Claims declined to 214K from 224K in the prior week, beating the 223K market forecast. Meanwhile, Continuing Jobless Claims rose to 1. 923 million from 1. 885 million, while the four-week average of Initial Claims edged lower to 216. 75K from 217. 5K. The Bank of England (BoE) lowered the policy rate by 25 bps to 3. 75% in December, with a close 5-4 vote highlighting persistent inflation concerns. While inflation cooled to 3. 2% in November, it remains well above the BoE’s 2% target. UK GDP expanded by 0. 1% in the third quarter, meeting expectations, but the BoE projects flat growth in the final quarter. BoE Governor Andrew Bailey signaled that interest rates are expected to ease further in a gradual manner, but cautioned that the scope for additional cuts is limited.

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USD/CAD dips below 1.4100 as bullish USD, weak Oil limit losses

The post USD/CAD dips below 1. 4100 as bullish USD, weak Oil limit losses appeared com. The USD/CAD pair drifts lower during the Asian session on Friday and now seems to have snapped a two-day winning streak to a nearly two-week high, levels just above the 1. 4100 mark, touched the previous day. Spot prices, however, bearish conviction and remain on track to register strong weekly gains amid the underlying bullish sentiment surrounding the US Dollar (USD). The USD Index (DXY), which tracks the Greenback against a basket of currencies, advanced to its highest level since late May on Thursday amid reduced bets for another interest rate cut by the US Federal Reserve (Fed). The expectations were reaffirmed by the delayed release of the US NFP report, which showed that the economy added 119, 000 new jobs in September compared to consensus estimates for 50, 000 and followed the 4, 000 decrease (revised from +22, 000) in August. This helps ease concerns about the softening labor market and offsets an uptick in the Unemployment Rate to 4. 4% from 4. 3%. The USD bulls, however, pause for a breather on the last day of the week amid growing concerns about the weakening economic momentum on the back of the largest-ever US government shutdown. The Canadian Dollar (USD), on the other hand, continues to be undermined by data released earlier this week, which pointed to signs of easing domestic inflation pressures. Furthermore, sustained selling around Crude Oil prices undermines the commodity-linked Loonie and limits the downside for the USD/CAD pair, warranting some caution for bearish traders and positioning for any meaningful decline. Traders now look forward to the release of monthly Canadian Retail Sales data and flash US PMIs for some impetus later during the North American session. Apart from this, speeches from a slew of influential FOMC members will be scrutinized for cues about the Fed’s rate-cut path, which, in turn, will drive.

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EXCLUSIVE: Vijay Sethupathi storms into The Family Man Season 3 with Farzi crossover cameo

In the last 9 years, several web series have dropped digitally and only a handful of them have truly created a cult following. The Family Man, starring Manoj Bajpayee, is surely one of them. Its first season premiered on September 20, 2019, on Amazon Prime Video with minimal expectations. But in no time, it caught on and became a sensation. Season 2 dropped on July 4, 2021, and it also got the same amount of love as its predecessor. The Family Man Season 3 will release on Amazon Prime Video tomorrow, November 21, and it is expected to emerge as one of the most watched shows of the year, if not the most watched show. And Bollywood Hungama has learned that it also has an interesting surprise for the fans. A source told Bollywood Hungama, “Vijay Sethupathi has a special appearance in the third season. He’ll reprise the role of Michael Vedanayagam from the much-loved show Farzi (2023). He only appears for a few minutes, but it’s highly entertaining and is also very crucial to the plot. Moreover, his chemistry with the protagonist, Srikant Tiwari (Manoj Bajpayee), will be lapped up.”Just like The Family Man, Farzi is also directed by Raj Nidimoru and Krishna DK aka Raj-DK; further, both shows also premiered on Amazon Prime Video. Interestingly, Raj-DK established the crossover of both shows with Farzi. It featured Chellam Sir (Uday Mahesh), the iconic character from The Family Man Season 2. That’s not all. Farzi also featured a voiceover by Srikant Tiwari. Many fans expected Michael to return only as a voiceover in Season 3, but the makers have instead brought him in as a character, a move that’s bound to delight viewers. Crossovers are common in Indian cinema, but in the digital space, The Family Man x Farzi remains the lone, standout example. With Vijay Sethupathi now stepping into Srikant Tiwari’s world, the Raj and DK spy universe is poised to grow bigger and crazier in the coming years. Also Read: Manoj Bajpayee reveals why reprising Srikant Tiwari for The Family Man season 3 still makes him panic on set.

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