A holiday shortened week saw the US dollar slide, prompting a small rally in gold, while Sterling flexed its muscles after a robust PMI release.
Source
Market Week Ahead: Gold Tests $2k, GBP/USD, EUR/USD Pop, USD Sags
access_timeNovember 20, 2024
Latest:
- Federal Reserve speeches on Wednesday from Cook, Collins, Barr, Bowman
- European Central Bank President Lagarde speaking Wednesday + Escriva & de Guindos
- Bank of England Deputy Governor Dave Ramsden speaking Wednesday
- ICYMI – China left benchmark lending rates unchanged for November, as expected
- PBOC sets USD/ CNY mid-point today at 7.1935 (vs. estimate at 7.2386)
- People’s Bank of China leaves its interest rates unchanged, as expected
- Former Fed Reserve Gov Warsh for Treasury Secretary? On irresponsible government spending
- US federal govmt debt to rocket to 122% of GDP – higher volatility, higher interest rates
- Trump said to consider Crypto lawyer Teresa Goody Guillén to lead SEC Chair
- Fed’s Barr speaking, doesn’t comment on the economy or monetary policy
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