Fundamental Forecast: Bullish
The focus for this week is definitely on Wednesday sessions where the Core PCE Price Index will be released. Should the actual data miss the forecasted estimate of 0.1%, we might potentially see further sell off in the US dollar; while on the other hand, if the data comes out positive, we might see a further rally as it would again support the FED hike this coming December.
The focus for this week is definitely on Wednesday sessions where the Core PCE Price Index will be released. Should the actual data miss the forecasted estimate of 0.1%, we might potentially see further sell off in the US dollar; while on the other hand, if the data comes out positive, we might see a further rally as it would again support the FED hike this coming December.
