Macro and FX: Fed pivot hopes as USD continues to slide
Saxo Market Call
English - November 20, 2023 09:06 - 17 minutes - 12.1 MB - ★★★★★ - 101 ratingsInvesting Business News Business News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Commodities: Silver comeback, watch OPEC as crude oil slides lower
The USD continues to weaken with the market betting on a Fed pivot as inflation cooled more than expected last week and more indicators are suggesting the US economy is slowing down. We also cover FOMC Minutes, initial jobless claims, and Black Friday. In Europe, this week is going to be a key test of the turnaround narrative with fresh PMI figures and IFO survey, while we also keeping an eye on UK budget and Riksbank. Finally, in Asia FX traders should have a focus on RBA Minutes and the stabilisation/strengthening of the Chinese Yuan, with Charu Chanana and Peter Garnry.
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