Blogs
United Kingdom NIESR GDP Estimate (3M) declined to -0.1% in November from previous 0.1%
United Kingdom NIESR GDP Estimate (3M) declined to -0.1% in November from previous 0.1%
USD/CAD: A weekly close under 1.35 should add to medium-term downside momentum – Scotiabank
USD/CAD holds well-disciplined range around 1.36. Economists at Scotiabank analyze the pair’s outlook.
GBP/USD: The window for a Sterling rebound and strengthen may be closing – Scotiabank
Sterling is weaker in response to today’s data run. Economists at Scotiabank analyze Cable’s outlook.
EUR/USD: Losses will extend on a break under last week’s low at 1.0724 – Scotiabank
EUR/USD dips below the 1.08 level. Economists at Scotiabank analyze the pair’s outlook.
US Dollar in narrow range ahead of the last Fed meeting for 2023
The US Dollar (USD) is steady to sideways with small gains against all major G20 currencies. Traders are bracing for the last US Federal Reserve meeting of 2023. Although another pause in the monetary policy rate looks to be a given