Forex Today: US Dollar in sell-off mode post-Powell dovish words – by ValBednarik EURUSD XAUUSD Fed Inflation Growth
Spot gold trades at fresh weekly highs at around $1,765 a troy ounce, while crude oil prices were marginally higher, and WTI settled at $80.45 a barrel.
On Thursday, the US will publish core PCE inflation, the US Federal Reserve's favourite gauge, and the October ISM Manufacturing PMI.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Forex Today: All eyes on Federal Reserve's Powell, Aussie CPI and China PMIsHere is what you need to know for Wednesday, November 30: Risk markets were touch and go as month end approached ahead of Fed Chairman Powell’s addres
Read more »
Forex Today: Markets settle down as focus shifts to key data, Powell speechForex Today: Markets settle down as focus shifts to key data, Powell speech – by eren_fxstreet Currencies Majors Macroeconomics Commodities CryptoCurrencies
Read more »
Forex Today: Risk mood improves ahead of high-tier data releasesForex Today: Risk mood improves ahead of high-tier data releases – by eren_fxstreet Currencies Majors Macroeconomics Commodities CryptoCurrencies
Read more »
Forex Today: Rumour China Poised to Amend Zero COVID PolicyRumour Emerges Chinese Policymakers Considering New COVID Policy; Chinese Unrest Eases; BlockFi Goes Bankrupt
Read more »
Forex Today: Safe havens in demand on China COVID woesIt was a volatile start to the week and the US sessions stayed with the theme. The US Dollar edged up to 106.74 on Monday, slightly recovering from a
Read more »
Dollar slips from one-week high on China hopes as Powell speech loomsThe safe-haven U.S. dollar eased from a one-week high on Wednesday amid increasing optimism for a loosening of China's COVID restrictions, although moves were muted ahead of a speech by Federal Reserve Chair Jerome Powell later in the day.
Read more »