[ad_1] Mon: EZ Sentix Index (Oct) Tue: Nil Wed: EIA STEO, US PPI (Sep). FOMC Minutes Thu: ECB Minutes, OPEC MOMR, IEA OMR, UK GDP (Aug), US CPI (Sep) Fri: Chinese Inflation (Sep), Chinese Trade Balance (Sep), EZ Industrial Production (Aug), US University of Michigan Prelim Note: Previews are listed in day order FOMC Minutes
[ad_1] Share: OPEC countries’ new strategy is driving up Oil prices. Economists at Natixis analyze the big difference between the effects of high Oil prices on the US and the Eurozone. The Eurozone is getting poorer relative to the US The new strategy of the OPEC countries, with their production cuts, will result
[ad_1] Share: Canadian Dollar back into recent lows as Crude Oil prices tumble on Friday. Canadian GDP missed market expectations, economic growth came in flat. USD/CAD etches in a new high for the week as CAD slips, US Dollar recovers. The Canadian Dollar (CAD) saw both a new high and a new low
[ad_1] POUND STERLING ANALYSIS & TALKING POINTS UK GDP changes grim UK economic outlook. US PCE price index in focus later today. GBP/USD pulls out of oversold territory (RSI). Recommended by Warren Venketas Get Your Free GBP Forecast GBPUSD FUNDAMENTAL BACKDROP The British pound found some respite this Friday morning from both the US dollar
[ad_1] Share: USD/INR sticks to modest gains below the mid-83.00s ahead of US data. US Durable Goods Orders rose by 0.2% MoM vs. -5.6% prior. Reserve Bank of India (RBI) is likely to keep the interest rate unchanged at its October meeting. Investors will closely watch the US consumer inflation due on Friday.
[ad_1] Share: The USD/CAD had cleared the 1.3500 handle in Tuesday trading. The oil-backed Loonie is unable to find gains as the DXY captures the broader market. US data to feature heavily in the back half of the week. The USD/CAD has decisively reclaimed the 1.3500 major handle for Tuesday. The US Dollar
[ad_1] © Reuters. Investing.com – The U.S. dollar stabilized in early European trade Wednesday, as traders cautiously awaited the latest U.S. inflation data, while sterling weakened after the U.K. economy contracted by more than expected in July . At 03:20 ET (07:20 GMT), the Dollar Index, which tracks the greenback against a basket of six
[ad_1] British Pound Vs US Dollar, Euro, Japanese Yen – Price Setups: Still-hot UK wage growth hasn’t translated into higher GBP/USD yet. EUR/GBP is holding above vital support, frustrating bears. GBP/JPY continues to be well guided by a rising channel. What is the outlook and key levels to watch in select GBP crosses? Recommended by
[ad_1] EUR/USD and EUR/JPY Forecast – Prices, Charts, and Analysis Euro Area q/q growth is nominal at best. EUR/USD eyes 1.0700 as the greenback remains better bid. The final Q2 Euro Area GDP release shows that the block of 19 countries has barely expanded over the last quarters. Data from Eurostat, the statistics office of
[ad_1] The preliminary economic growth data for the second quarter of 2023 in Japan is here: Japan preliminary Q2 GDP +1.5% q/q (vs. expected +0.8%) Q2 GDP has been revised to +1.2% q/q and +4.8% y/y from +1.5% and +6.0% respectively The data confirms weak domestic demand with private consumption coming in at -0.6% q/q
