14 November 2023
A closely watched US inflation report may help solve one of the most pressing questions among traders: whether the market has correctly identified the short-term trajectory of interest rates.
What to expect this month, let's learn from our expert:
The University of Michigan reported an increase in inflation expectations of the population, which does not allow us to count on a rapid decline in inflation. This situation is positive for the dollar, as the US Federal Reserve will think about raising interest rates at the December meeting. On Tuesday it is preferable to open Sell GBPUSD, #NQ100, XAUUSD positions.
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