Weekly Forex Outlook: 25/11/2022 – Decisive week for the dollar as PCE inflation and NFP coming up
November 25, 2022 2:37 pm
After the Thanksgiving downtime that generated some further weakness for the greenback, investors will be looking for fresh direction from the barrage of US economic data that will be dominating the agenda in the coming week. The latest payrolls report will be the main attraction along with PCE inflation readings. CPI data out of the Eurozone and Switzerland as well as Canadian GDP numbers will be important too, while OPEC’s monthly decision will be another one to watch amid speculation of an output increase.
0:00 Intro 0:24 US data and dollar 2:18 Eurozone inflation and euro 3:24 Swiss data and franc 4:24 Canadian data, OPEC 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: 77.74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
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 forex news 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.
After the Thanksgiving downtime that generated some further weakness for
the greenback, investors will be looking for fresh direction from the barrage
of US economic data that will be dominating the agenda in the coming week. The latest payrolls report will be the main attraction along with PCE inflation readings. CPI data out of the Eurozone and Switzerland as well as Canadian GDP numbers will be important too, while OPEC’s monthly decision will be another one to watch amid speculation of an output increase.
0:00 Intro
0:24 US data and dollar
2:18 Eurozone inflation and euro
3:24 Swiss data and franc
4:24 Canadian data, OPEC 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: 77.74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
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 forex news 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.
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