BoE seen raising rates, however, high bar for hawkish surprise sets up GBP disappointment
Archiv für den Monat: Oktober 2021
Forexlive Americas FX news wrap: Dollar buying into the month end
Forex news for North American trading on
October 29, 2021
It was month-end and also a Friday, which can be a formula for illiquid market conditions due to the flows in the market. It became clear in the North American session that dollar buying was the order of course. Going into the London fixing at 11 AM ET/1600 GMT, buyers
October 29, 2021
It was month-end and also a Friday, which can be a formula for illiquid market conditions due to the flows in the market. It became clear in the North American session that dollar buying was the order of course. Going into the London fixing at 11 AM ET/1600 GMT, buyers
NASDAQ index erases -125 point decline. S&P and NASDAQ close at record levels
Dow industrial average closed at a record level as well taking out the October 26 high close
the major indices all closed at record levels to and the month of October.
the major indices all closed at record levels to and the month of October.
Key economic releases and events for the week starting November 1
It is the first week of the new month which means purchasing managers data along with the US and Canada jobs report are on tap
Unlike last week when there was also the earnings calendar, the majority of the major earnings have already been announced. As a result, traders will not need to deal with that dynamic.
Unlike last week when there was also the earnings calendar, the majority of the major earnings have already been announced. As a result, traders will not need to deal with that dynamic.
WTI crude oil futures settle at $83.57
Up $0.76 or 0.92%
The high for the day reached $83.74. The low extended to $81.41.
The price last week closed around $84.15. With the settlement at $83.57 this week, the contract price fell by and modest $0.58. Nevertheless, it was a down week for the crude complex.
The high for the day reached $83.74. The low extended to $81.41.
The price last week closed around $84.15. With the settlement at $83.57 this week, the contract price fell by and modest $0.58. Nevertheless, it was a down week for the crude complex.
EURUSD on track to close below the 200 week MA. What does it mean going into the new trading week?
First close below MA since July 2020.
With the EURUSD trading at 1.1554, the pair is on track to close the week below the 200 week MA. That MA comes in at 1.16657.
With the EURUSD trading at 1.1554, the pair is on track to close the week below the 200 week MA. That MA comes in at 1.16657.