Weekly Forex Outlook: 24/11/2023 – All eyes on OPEC+ meeting, US and Eurozone inflation dominate too
November 24, 2023 12:51 pm
Oil’s fortunes hinge on OPEC+ meeting outcome on Thursday. Eurozone flash inflation and US core PCE also due on Thursday. RBNZ to likely hold rates on Wednesday. Loonie faces GDP and employment tests in addition to OPEC+ decision.
0:00 Intro 0:17 OPEC+ meeting and oil 2:20 US core PCE and dollar 4:04 Eurozone inflation and euro 5:05 RBNZ and kiwi 6:47 Canadian GDP and loonie
For more information on the topics discussed in this video, including detailed charts and tables, read the full Weekly Forex Outlook article:
Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.
The Risk Warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date Risk Warning
Visit the XM Research Portal for your daily dose of market news and analysis, as well as live education sessions, and other useful trading tools: https://www.xm.com/research/analysis
In-depth Weekly Forex Outlook analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD as well as gold, oil, stock indices, commodities and stocks.
Oil’s fortunes hinge on OPEC+ meeting outcome on Thursday. Eurozone flash inflation and US core PCE also due on Thursday. RBNZ to likely hold rates on Wednesday. Loonie faces GDP and employment tests in addition to OPEC+ decision.
0:00 Intro
0:17 OPEC+ meeting and oil
2:20 US core PCE and dollar
4:04 Eurozone inflation and euro
5:05 RBNZ and kiwi
6:47 Canadian GDP and loonie
For more information on the topics discussed in this video, including detailed charts and tables, read the full Weekly Forex Outlook article:
Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.
Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en
The Risk Warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date Risk Warning
Visit the XM Research Portal for your daily dose of market news and analysis, as well as live education sessions, and other useful trading tools: https://www.xm.com/research/analysis
In-depth Weekly Forex Outlook analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CAD, AUD/USD as well as gold, oil, stock indices, commodities and stocks.
#oil #OPEC+ #inflation
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