Forex Analytix Day Ahead in Trading October 11th, 2024
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Description
Blake Morrow discusses the market reaction to the weaker PPI data and strong Canadian jobs data today. He discusses the price action in the CAD and the rally in 10yr yields. Blake also highlights the weekend risks in China and the Middle East.
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Blake Morrow discusses the USD breakdown as the EURUSD rallies towards the 1.0600 level and GBPUSD towards 1.2700 as it clears the 1.2620 resistance. USDJPY has broken below 152.00 which has been a major pivot, and the SPX, DOW, NASDAQ and Russell2000 are all near all time highs as we head into a...
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