AUD/USD bulls step in at key daily support
AUD/USD bulls look to engage at daily support stricture following 50% mean reversion. The markets
USD/TRY refreshes record top near $9.8500 on Turkish President Erdogan’s latest moves
USD/TRY takes the bids to renew all-time high during the four-day uptrend. Turkish President Erdogan
EUR/USD pressured in critical daily resistance ahead of ECB
The move higher in yields in recent weeks presents a challenge to the ECB. EUR/USD
EUR/NOK to oscillate around 9.70 as krone set to take a breather – ING
The Norwegian krone has benefitted from a supportive global risk sentiment throughout the week. In
EUR/USD: Not see much upside given the ECB’s message is unlikely to be supportive – MUFG
Next week, will be the European Central Bank (ECB) meeting. According to analysts at MUFG
Canada: Retail sales roared back in August then took another breather in September – CIBC
Data released on Friday showed an increase in August retail sales in Canada of 2.1%,
Russia: Looking at a 50bps hike in December with the key rate at 8% by year-end – TDS
The Central Bank of Russia (CBR) rose the key interest rate by 75bps on Friday,
Canada: Retail Sales rise by 2.1% in August vs. 2% expected
Retail Sales in Canada rose more than expected in August. USD/CAD stays in the negative
US: Markit Services PMI improves to 58.2 in October vs. 55.1 expected
Markit Services PMI and Composite PMI surpassed expectations in October. US Dollar Index continues to
GBP/USD: Options market stays bullish for fourth consecutive week
One-month risk reversal on the British pound (GBP), a gauge of calls to puts, prints