Euro (EUR) Update: EUR/USD Continues to be Guided by the US Dollar
Euro Area core inflation fell in September to 4.5%, as expected, leaving the single currency vulnerable to further moves against the US dollar.
Source: dailyfx.com
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USD/CAD Price Forecast: USD Bulls Eye Further Upside Post Host NFP Print
Labor market data from both Canada and the US Came in hot on Friday. The Canadian Dollar does seem vulnerable as USDCAD eyes the 1.3900 mark
Source: dailyfx.com
USD/CAD Price Forecast: USD/CAD Breaks 5-day Range Despite Resumption of WTI Rally
The Loonie struggled today after a period of consolidation as a rampant US Dollar and rising US Yields saw USDCAD make a run for recent highs. The start of the next leg higher?
Source: dailyfx.com
​​​​Dow, Nasdaq 100 and Nikkei 225 all Fall Back after Hawkish Fed Decision
The Fed’s ‘hawkish pause’ has sent markets into a tailspin, with stocks falling as investors contemplate the prospect of a much longer period of higher interest rates in the US.
Source: dailyfx.com
FTSE 100, DAX 40 and S&P 500 Try to Stabilize Ahead of FOMC Meeting
Outlook on FTSE 100, DAX 40 and S&P 500 as German PPI comes in stronger-than-expected while UK CPI inflation slid by more than previously forecast.
Source: dailyfx.com