Currency Basket

America rally: dollar companies ahead of Fed policy meeting, Wall Street ends higher, gold prices fall, oil mixed with choppy trading ahead of US stocks, OPEC + meeting of November 3, 2021

Market overview • Building permit Canada Sep (MoM) 4.3%, 3.1% forecast, -2.1% previous • US Red Book (YoY) 16.9%, 15.6% previous • French 12 month BTF auctions -0.651%, previous -0.636% • French auctions BTF 3 months -0.772%, previous -0.736% • French auctions BTF 6 months -0.684%, previous -0.685% • US …

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Focus on RBA: AUD / USD holds 0.7500

USD / DXY eases, euro rebounds, Asian / EMFX close is mixed Summary: The Australian dollar held above the 0.7500 (0.7517) mark ahead of the RBA’s monetary policy meeting and rate announcement today (Sydney, 2:30 p.m.). Australia’s central bank is the first of two other major central banks (Federal Reserve …

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Weekly Technical Market Snapshot: November 1-5, 2021

US dollar index (daily period): (Italics: previous analysis) Against a basket of six international currencies, the US dollar posted gains last week. After a two-week bearish phase, the index has sailed a stone’s throw from 2021 highs at 94.56. For those who have read the previous weekly preview, you may …

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