Forex News

The USD gained after finding a bottom on Tuesday yesterday due to a yield turnaround after earlier falls. Consumer sentiment in Michigan continued to support the economy, as consumer forecasts for inflation one and five years away continued to be higher, with the rate at 4.5% one year and 3.2% five years from now. The

The following are the things you need to know on Wednesday, November 22 2023: Despite Monday’s sharp decline, the US Dollar Index managed to gain some small daily points on Tuesday. The USD continues to hold its ground against its rivals early Wednesday. The US economic docket will include Durable Goods Orders data for October

On Thursday, investors will monitor global bond markets closely as yields continue to rise. Late in the Asian session, Australia will release its trade data for August. On Friday, the US will publish its weekly jobless claims report. On Thursday, October 5, here’s what you need to know: Before staging a recovery, bond yields in

During the American session on Monday, the US Dollar (USD) benefited from a surge in US Treasury bond yields following a quiet start to the new week. Early Tuesday, the US Dollar Index hit its highest level since November, above 107.00, entering a consolidation phase. The US economic docket will include August JOLTS Job Openings

In today’s Asian and European sessions, the economic calendar is light again. After several months of decline, the S&P/CS Composite-20 HPI YoY house price index for the US session is expected to turn positive and gain 0.2%. Sales of new homes were above expectations last month but are expected to fall below 700k this month.