Forex Today: Dollar firms, all eyes on Fed’s policy announcements
Here is what you need to know on Wednesday, November 3: Following an uninspiring start
AUD/USD drops to fresh weekly lows below 0.7500 on dovish RBA
AUD/USD sold-off into RBA’s dovishness despite opening doors to rate hikes. Pre-Fed anxiety weighs on
EUR/USD risks extra losses below 1.1525 – UOB
FX Strategists at UOB Group noted EUR/USD could weaken to the 1.1465 level if breaches
GBP/USD now seen grinding lower to 1.3625 – UOB
In opinion of FX Strategists at UOB Group, Cable could be heading towards the 1.3625
FX option expiries for November 2 NY cut
FX option expiries for November 2 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
USD/JPY struggles to defend 114.00 on anxious markets, BOJ minutes
USD/JPY eases from fortnight top to probe a two-day uptrend. Risk appetite sours amid pre-central
US dollar bulls could be back for more, but Fed looms
US dollar awaits the Federal Reserve and critical US jobs data. Rate hike timings will be
FX option expiries for November 1 NY cut
FX option expiries for November 1 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
USD/CAD remains confined in a range below 1.2400 mark
USD/CAD struggled to capitalize on Friday’s weaker Canadian GDP-led gains. Hawkish Fed expectations underpinned the
AUD/USD trades with modest losses around 0.7500 mark, lacks follow-through
AUD/USD edged lower for the second successive day on Monday amid a modest USD strength.