US Q3 GDP Revised Up To 5.2% while Gold Prices Remain Steady and DXY Recovers
US Dollar Hits 3-Month Low, Sparking Curiosity
USD/JPY trades at 147.00 as Asia markets anticipate Japan Retail Trade and China PMIs
WTI Oil Faces Technical Challenges amid Swirling OPEC+ Rumors
Gold, EUR/USD, Nasdaq 100 Surge while US Yields Plummet and Oil Declines
This Week’s Market Forecast (20-24 November)
The Dollar Experiences its Worst Week Since July
Increased interest in purchasing as the dollar decreases
As the Friday closing bell approaches, EUR/USD approaches 1.0900, piquing curiosity
Upcoming Events: PBoC LPR, FOMC, ECB & RBA Minutes, Japanese CPI in Focus
AUD/USD climbs past 0.6500, aiming for weekly gains as US data disappoints
Investors Bet on a Dovish Fed, Leading to the US Dollar’s Worst Week since July
We maintain our belief that the RBA will maintain its December position, but the February 2024 meeting remains a possibility
