MARKET NEWS
Nov 22, 2023
Euro (EUR) Latest: EUR/USD and EUR/GBP Leaking Lower Ahead of Thanksgiving Break
The US dollar is trying to move higher after the latest FOMC minutes showed that the Fed in no mood to cut interest rates anytime soon.
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Nov 22, 2023
FTSE 100, S&P 500 and Russell 2000 Consolidate Ahead of Thanksgiving
​Outlook on FTSE 100, S&P 500 and Russell 2000 as US earnings season draws to a close
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Nov 22, 2023
CAD Price Forecast: Loonie Faces Key Support Ahead of US Data & OPEC+
USD/CAD prices are on the precipice of a breakdown lower but US macroeconomic data and OPEC+ decision on supply are crucial for short-term guidance.
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Nov 21, 2023
USD/CAD Remains Rangebound as Canadian CPI Falls More Than Expected. Where to Next?
Bank of Canada will breathe a sigh of relief following a better-than-expected CPI print. The Central Bank will be hoping this is a start of a trend rather than a once off drop as we had in June.
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Nov 21, 2023
US Dollar Index (DXY) Continues Recovery as FOMC Minutes Have Minimal Impact
The FOMC Minutes release had limited impact today as markets have already weighed key data releases since. The DXY eyes a deeper recovery but is it sustainable?
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Nov 21, 2023
USD/JPY Latest: Yen Strengthens Ahead of Japanese CPI Report
The Japanese Yen has struggled to find its footing even after the BoJ eased restrictions on bond yields. Today, the yen in on track for its fourth straight day of gains
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Nov 21, 2023
USD/ZAR Price Forecast: Rand Susceptible to SA CPI & SARB
Rand prices stay firm after a lackluster few trading sessions as markets keenly await the FOMC minutes, South African CPI and the SARB rate announcement later this week.
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Nov 21, 2023
Gold (XAU/USD) Price Latest: Setting Up for the Next Leg Higher?
The US dollar continues to weaken and this is opening the way for gold to re-test the late October multi-month high
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Nov 21, 2023
RBA Minutes Reveal Motive Behind the November Hike
The RBA weighed up the pros and cons of hiking rates in November and decided it was crucial to anchor inflation expectations. Higher demand also seen contributing to CPI
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Nov 21, 2023
Dow, Nikkei 225 and CAC40 Continue to Make Gains
The Dow is at its highest level since the summer, while the Nikkei 225 is contemplating more gains to take it to a multi-decade peak, and the CAC40 has regained the 200-day moving average.
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