4 min listen
Dollar tumbles on cooler-than-expected US inflation
Dollar tumbles on cooler-than-expected US inflation
ratings:
Length:
4 minutes
Released:
Nov 15, 2023
Format:
Podcast episode
Description
Slowing US inflation confirms view that Fed is done with hikes. Aussie and kiwi gain the most on bolstering risk sentiment. Pound pulls slightly back on lower-than-expected UK inflation. Wall Street rallies as investors cheer US inflation data.Yen falls to lowest levels in a year as stock markets soar. Dollar mostly ignores Moody’s credit outlook downgrade. Gold nurses losses, waiting for tomorrow’s US inflation stats.Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warningReceive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlookIn-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.
Released:
Nov 15, 2023
Format:
Podcast episode
Titles in the series (100)
Fed drops hydrogen bomb on markets, wounds dollar by Global Market Insights - Forex, Futures, Stocks