Forex Today: The RBA Minutes and inflation in the euro area come to the fore
18.11.2024, 20:14

Forex Today: The RBA Minutes and inflation in the euro area come to the fore

The US Dollar retreated further and tested three-day lows as the Trump rally seems to have lost some enthusiasm among market participants, although this carries the potential to be only temporary and may open the door to another “buy the dip” move.

Here is what you need to know on Tuesday, November 19:

The US Dollar Index (DXY) lost further ground and threatened to challenge the key 106.00 support amid lower US yields. Next on tap will be Building Permits, Housing Starts, and the API’s weekly report on US crude oil inventories.

EUR/USD advanced to three-day highs and managed to surpass the key 1.0600 hurdle on the back of the Dollar’s losses. The EMU’s final Inflation Rate takes centre stage seconded by Current Account results, the Labour Cost Index, and the speech by the ECB’s Elderson.

Finally, GBP/USD regained the smile and rose markedly to the proximity of the 1.2700 barrier following six consecutive daily declines.

USD/JPY resumed its uptrend, leaving behind Friday’s deep decline and reclaiming the 155.00 zone and above.

AUD/USD added to Friday’s bounce and manage to reclaim the 0.6500 hurdle in response to the persistent knee-jerk in the US Dollar. The RBA will publish its Minutes of the November 5 meeting.

WTI prices rose markedly and flirted with the key $70.00 mark per barrel on the back of the resurgence of geopolitical concerns in the Russia-Ukraine front.

The weaker Greenback and lower US yields across the board encouraged Gold prices to set aside part of the recent multi-day weakness and revisit the area beyond the $2,600 mark per troy ounce. By the same token, Silver prices surpassed the $31.00 mark per ounce, hitting new five-day highs.

© 2000-2024. Sva prava zaštićena.

Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

Politika sprečavanja pranja novca

Upozorenje o rizicima

Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.

Politika poverenja

Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.

Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik