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.
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Market Week Ahead: Gold Pops, US Dollar Drops, GBP/USD and EUR/USD Rally
access_timeNovember 21, 2024
Latest:
- 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
- ECB’s Stournaras vouches for a 25 bps rate cut in December
- Crude Oil Technical Analysis – We are stuck in a range
- Gold Technical Analysis – New highs as rate cuts repricing pauses
- Fed’s Williams: The disinflationary process will continue
- BOJ governor Ueda: We don’t make comments on short-term FX moves
- ECB’s Villeroy: The balance of risks on growth, inflation is shifting to the downside
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