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NFP Preview | 4 November 2022
Significant job growth can support the USD The US Bureau of Labor Statistics (BLS) will release the October jobs report on Friday, November 4, while just two days ago, we had FOMC monetary policy meeting, where Fed officials confirmed that the U...
Pound and the steep slope of the slide
Bank of England announced the results of its Monetary Policy Committee meeting In its November 3 meeting, the Bank of England raised its key Bank rate by 75 basis points to 3.0%, which is the highest in 14 years. With these decisions, now we can...
USD Index after Fed November meeting
Where are US dollars going to go? Simultaneously with the expected 75 bps rate hike, hawkish comments from Fed Chair Powell dashed hopes that interest rate hikes will end soon. And then in a few hours on Thursday, Chinese Caixin Services PMI in Oct....
Fed preview | Calm before the storm?
Don't forget the importance of Powell's press conference! Federal Open Market Committee (FOMC) will raise interest rates by another 0.75 percentage points for the fourth straight meeting. When Fed started raising the rates by 75 basis points, th...
Gold price rises as USD falls. What next?
Gold market and Fed meeting On Tuesday, November 1, simultaneously with the beginning of the two-day meeting of the Federal Reserve, the US dollar slowed a bit and Gold regained all of its yesterday loss, moving still higher. For the gold market...
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