The US dollar powered ahead in the second half of the week after the latest CPI reading showed US nudging higher.
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Markets Week Ahead: Gold Spikes, Dollar Soars, EUR/USD and GBP/USD Slump
access_timeNovember 19, 2024
Latest:
- EURUSD Technical Analysis – We need stronger reasons to push into new lows
- Gold Technical Analysis – The short term bias switched back to bullish
- Bank of England Governor Bailey, other officials, appear in parliament committtee Tuesday
- SEK traders heads up – Riksbank First Deputy Governor Anna Breman speaks Tuesday
- Federal Reserve Bank of Kansas City President Jeffrey Schmid speaking Tuesday
- “BOJ to bid farewell to stimulus era, justify rate hikes in policy review”
- PBOC sets USD/ CNY central rate at 7.1911 (vs. estimate at 7.2305)
- RBA minutes: Vigilant to upside inflation risks, policy must remain restrictive
- Chinese state media outlet says further RRR cuts are expected this year
- USD/JPY 160 level – potential BOJ intervention, rate hike
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