Forex Today: Powell and the labour market should keep investors entertained

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 23 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

Fed أخبار

Employment,Dollarindex,Currencies

The US Dollar extended further its move higher, regaining traction after a negative first half of the session and climbing to new 2024 peaks after US CPI ticked higher in October as well as prudent remarks from Fed officials.

Here is what you need to know on Thursday, November 14: The US Dollar Index rose to YTD highs north of 106.50, always on the back of the Trump-infused rally and mixed US yields. US inflation data will remain in centre stage with the release of Producer Prices for the month of October, seconded by the usual weekly Initial Jobless Claims and the EIA’s report on US crude oil inventories. In addition, the Fed’s Barkin, Powell, and Williams are due to speak.

The RICS House Price Balance index will be published along the speech of the BoE’s Bailey and the Mansion House speech by Chancellor Reeves. USD/JPY surpassed the 155.00 barrier to print new four-month highs and extend its positive performance so far this week. The weekly Foreign Bond Investment figures will be unveiled. Extra weakness in commodity prices put AUD/USD under extra pressure and motivated it to put the 0.6500 support to the test.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 14. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Forex Today: Market attention turns to Canada inflation data and FedspeakHere is what you need to know on Tuesday, October 15: Following a quiet start to the week, the US Dollar (USD) gathered strength and managed to build on the previous week's gains, with the USD Index reaching its highest level since early August above 103.00 on Monday.
مصدر: FXStreetNews - 🏆 14. / 72 اقرأ أكثر »

Forex Today: ECB policy decisions, US data to lift market volatilityHere is what you need to know on Thursday, October 17: The US Dollar (USD) continued to gather strength against its major rivals midweek, with the USD Index rising 0.3% to register its highest daily close in over two months on Wednesday.
مصدر: FXStreetNews - 🏆 14. / 72 اقرأ أكثر »