Dollar pauses rally ahead of Fed, BoE meets as well
Description
Dollar traders take a breather as Fed decision looms. Focus to fall on howlikely a pause is in coming months. BoE expected to cut, could take thesidelines in December. Wall Street continues to celebrate Trump’s win.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Di...
RBNZ is expected to cut rates by 50 bps at its last policy meeting of 2024. But will PCE inflation data give the green light for a Fed cut? Eurozone flash CPI also critical for ECB’s December decision.Risk Warning: Our services involve a significant risk and can result in the loss of your...
Published 11/22/24
Gold continues to gain, as geopolitics generates headlines. Hawkish Fedspeak and strong US data support the dollar. Euro suffers from another weak set of PMIs. Yen fails to benefit from stronger inflation.Risk Warning: Our services involve a significant risk and can result in the loss of your...
Published 11/22/24