Share: USD/JPY faces rejection near the 150.00 mark and turns lower for the third straight day. Dovish Fed expectations continue to weigh on the USD and act as a headwind for the pair. A positive risk tone could undermine the safe-haven JPY and help limit any further losses. The USD/JPY pair meets with
US Retail Sales Turn Lower in October US retail sales broke its run of six consecutive positive prints in October, dropping 0.1% in the month of October compared to September. In addition, September’s number was revised higher from +0.7% to +0.9%. Customize and filter live economic data via our DailyFX economic calendar Recommended by Richard
Share: Mexican Peso climbed on Friday, but the USD/MXN shows weekly losses of more than 1%.. Banxico’s decision to maintain interest rates at 11.25% and a shift in language hinting at less hawkish future policy impacts the Peso. Federal Reserve Chair Jerome Powell commented that the Fed would not hesitate to adjust monetary
Share: USD/CAD trades with a mild negative bias and is pressured by a modest USD downtick. The uncertainty over the Fed’s rate-hike path should help limit any meaningful USD fall. Bearish Oil prices might continue to undermine the Loonie and lend support to the pair. The USD/CAD pair ticks lower during the Asian
Gold Fatigue Sets in as USD Reclaim Lost Ground, Fed Speakers Re-Surface لینک منبع : هوشمند نیوز
Share: EUR/USD gained more than 1% on Friday, rising near 1.0730. The USD, measured by the DXY index, will close with a 1.40% weekly loss. The dovish stance of the Fed and weak NFPs from October made the USD tumble. In Friday’s session, the EUR/USD soared to 1.0730, closing a 1.50% gaining week,
Share: Nonfarm Payrolls surprised expectations to the downside in October. This brought the USD lower from its high ground. Economists at TD Securities analyze Greenback’s outlook. A topping out of 10Y yields and US rates vol will help revive the high-quality carry currencies Both the headline jobs number and wage data came on
US NFP Data for October NFP 150k vs 180k estimate, September’s 336k print revised lower to 297k. Unemployment rate 3.9% vs 3.8% exp Fed funds futures lower estimates of another Fed hike this year Immediate market reaction: USD, yields drop while gold rises The analysis in this article makes use of chart patterns and key
Gold (XAU/USD) Analysis Gold’s Bullish Momentum Weighed Down by General Lift in Sentiment The FOMC statement and presser resulted in a reduced expectation that the Fed will hike rates in December – the final meeting for the year. Jerome Powell attempted to keep the door open for another rate hike after expressing that the majority
NordFX brokerage company has summarized the trading performance of its clients for October 2023. Additionally, the social trading services and the profit earned by the company’s IB partners were evaluated. ● The past month proved highly fruitful for the company’s clients. The undisputed leader was a trader from Western Asia, account №1691XXX, with a
