The US dollar is trading at a fresh five-month low after data on Friday showed inflation slowing further. Ahead a holiday-shortened week and a quiet economic calendar.
Source
Market Week Ahead: Gold Pops, US Dollar Drops, GBP/USD and EUR/USD Rally
access_timeNovember 21, 2024
Latest:
- USDCAD breaks below a cluster of technical levels
- NASDAQ index now down over 1% on the day. Russell 2000 maintains its gains
- BOE Mann: BOE should hold rates longer to evaluate persistence
- NZDUSD index moves lower and sellers are in control, but there is some key support holding
- ECBs Holzmann says warnings of undershooting 2% him himare not warranted
- What technical levels are in play for some of the major currencies vs the USD for Nov 21
- GBPUSD Technical Analysis – Waiting for a breakout
- ECB’s Patsalides: If Dec projections confirm baseline scenario, there is room to cut rates
- USDCAD Technical Analysis – We are at a key support zone
- Fed’s Barkin says does not want to prejudge December meeting
Stay Ahead In The Forex Game