Trump says he will sue Wall Street Journal, NewsCorp, over Epstein letter report
Just as the global capital markets were preparing for the seasonal downshift into Thanksgiving week, multiple central banks sent a shockwave of volatility through the markets. Be wary of FX volatility this week.
US Dollar Forecast– Dollar May Not Have a Quiet Thanksgiving...
From a fundamental perspective, the Dollar’s interest rate backdrop seems to be mired in debate over the timing of the inevitable first hike.
Japanese Yen Forecast - Yen Looks Past Japan Recession and Election Risk, Sentiment Trends Key
The Japanese Yen may rise as markets look past the onset of recession and looming general election risk to focus on the trajectory of sentiment trends.
British Pound Forecast - GBP/USD to Break Out on Less-Dovish BoE, Weak U.S. 3Q GDP
GBP/USD may face a more meaningful rebound in the week ahead as the Bank of England (BoE) highlights the risk of overshooting the 2% target for inflation, while the Federal Reserve remains reluctant to move away from its zero-interest rate policy (ZIRP).
Australian Dollar Forecast – AUD To Look Past Local Data Yet Remains At Risk On Elevated Volatility
The Aussie is in for another suspenseful week near its 2014 low as elevated volatility expectations threaten to keep pressure on the high-yielding currency.
Gold Forecast -Gold Rallies on PBOC, ECB Surprise Easing -1207 Key Resistance
Gold prices are higher for a third consecutive week with the yellow metal rallying 0.8% to trade at $1197 ahead of the New York close on Friday.
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