GBP/USD Benefits as Dollar Bulls Take Extended Breather.Markets Seem to Have Reacted Positively to PM Sunak and His New Cabinet.Price Back Above Psychological 1.15 Level. 2022 Descending Trendline to Cap Further Gains?
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Eurozone PMI Key Points:Eurozone S&P Global Manufacturing PMI Flash (OCT) 46.6 vs September 48.4. 29-month low.Eurozone S&P Global Services PMI Flash (OCT) 48.2 vs September 48.8. 20-month low.Business Activity Down for Four Consecutive...
EUR/USD Under Pressure Below 0.9850 Area.Continued Dollar Strength to Keep Gains Capped.ECBs Potential 75bp Hike May Not be Enough to Prevent a New YTD Low.
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USD/JPY at 32 Year Lows as 150.00 Psychological Level is Finally Reached.Potential BOJ Intervention Rests on Volatility Rather Than Price.Have the BoJ Conducted Stealth Intervention Already?
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CAD CPI Key Points:The Canadian Yearly CPI Actual 6.9% Vs Previous 7% (Forecast 6.8%)Canadian Core CPI YOY Actual 6% Vs Previous 5.8%.
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