Posted 10/31/2023, 8:39:16 PM
Dollar Rises Ahead of Key Fed Decision and Jobs Data; All Eyes on Rate Hike Clues
- Dollar rises ahead of Fed decision and employment data
- RBNZ and Australian data due during Asian session
- Key events FOMC decision, Powell press conference
- Fed expected to maintain policy stance, look for rate hike clues
- Important US data ADP jobs, ISM manufacturing
- Wall St gains, yields up, dollar strengthens
- Eurozone inflation slows, ECB on hold
- GBP stays below 1.2200, EUR/GBP reverses from highs
- Yen tumbles after dovish BOJ, USD/JPY at 1990s highs
- Swiss franc slides as risk appetite improves
- AUD rangebound below 0.6400 ahead of data
- USD/CAD hits 1-year high near 1.3900 resistance
- Gold and silver drop before Fed verdict