Free Trial

Greenback Edging Higher With US Data, Fed Speakers In Focus

LATAM
  • The greenback is making uniform gains across G10 Thursday, with the USD Index breaching the Wednesday high ahead of NY hours. Market action has been few and far between overnight, with the greenback gaining despite Fed's Waller late yesterday outlining his growing preference for a 50bps move from the FOMC in December.
  • Focus turns to US housing starts and building permits data for October as well as the weekly US jobless claims release. The central bank speakers slate is similarly busy, with scheduled appearances from ECB's Villeroy as well as Fed's Bullard, Bowman, Mester and Kashkari.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.