Forex Analytix Day Ahead in Trading October 30th, 2024
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Description
Blake Morrow discusses the volatility we are seeing following the ADP data today. He notes the market moving ahead of the UK Budget, and all the data being released the next few sessions. Also, the USDMXN has broken 20.1000 and could hit new 2024 highs ahead of the election.
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Blake Morrow discusses the EURUSD slumping to new 2024 lows following the PMI's. He also discusses the risks around this move, and to include possible end of year flows we will have to take into account.
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Blake Morrow discusses the ongoing Russian/Ukraine tensions, how it is affecting the EUR and CHF currencies. Blake also talks about the JPY's reaction to Ueda's comments overnight, and key levels in the USDCAD today. He talks about the market waiting for the announcement of the Treasury Secretary...
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