The much anticipated FOMC minutes were released on Wednesday and although the markets reacted in a muted fashion, this has reinforced the expectations around a US rate hike in December. American equity markets surged whilst the Dollar depreciated slightly. The focus today may be on the unemployment claims for the US.
– The EURUSD still remains technically bullish on the daily timeframe
– The Dollar Index is technically bullish on the daily timeframe
– WTI oil is technically bearish on the daily timeframe.
The much anticipated FOMC minutes were released on Wednesday and although the markets reacted in a muted fashion, this has reinforced the expectations around a US rate hike in December. American equity markets surged whilst the Dollar depreciated slightly. The focus today may be on the unemployment claims for the US.
– The EURUSD still remains technically bullish on the daily timeframe
– The Dollar Index is technically bullish on the daily timeframe
– WTI oil is technically bearish on the daily timeframe.
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