After Political Setback for the Democrats, Investor Attention Turns to Fed and Global Economic Trends

The FOMC decision will be announced at 14:00 EDT (18:oo GMT) and followed by Powell’s press conference 30 minutes later. A tapering of Fed net monthly asset purchases currently totaling $80 billion of Treasury securities and $40 billion of mortgage-backed securities is widely expected. Running on an anti-vaccination and anti-progressive cultural message, U.S. Republicans in […]

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USD to CAD Update: US dollar declines as US inflation cools - Interchange Financial

USD to CAD Update: US dollar declines as US inflation cools  Interchange Financial

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Next Week’s Menu: November 6 – 12, 2021

Central Banks: Mexico, Peru, Romania, Serbia, Thailand and the Philippines have scheduled monetary policy reviews next week, and a summary of the Bank of Japan’s most recent Board meeting will be published. Events and Holidays: The North American return to Standard Time will restore the normal time intervals with Europe (e.g,, 5 hours between London […]

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Pound Euro (GBP/EUR) Exchange Rate Climbs as Fuel Concerns Fade

GBP/EUR Regains Ground as Fuel Supplies Stabilise The Pound Euro (GBP/EUR)...

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GBP/USD News: Pound US Dollar Exchange Rate Firms on Strong UK Employment Data

GBP/USD Climbs on Positive UK Jobs Data The Pound US Dollar (GBP/USD) exchange rate has firmed today, after initially dipping at the open of the session, following the UK’s strong jobs data. Meanwhile, a recent absence of any meaningful US data is leaving the US Dollar (USD) open to losses. Pound...

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Summits and Manufacturing PMI Releases

All Saints Day 2021 marked the end of one summit and start of another and the release of manufacturing purchasing manager surveys for a number of economies. In overnight market action, Equities rallied 2.6% in Japan, over 1% in India, and so far between 0.8% and 1.2% in Germany, France, Italy and Spain. U.S. stock […]

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October 2021 in Figures

Equities rebounded in October. The dollar was mixed and down marginally on balance. The price of gold rose only slightly, but that of oil appreciated over 10%, aggravating the elevation of general inflation. Long-term interest rate climbed as investors anticipate that central bankers will begin to raise policy rates sooner than forward guidance suggests. 10-Yr […]

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