The Dow recorded the highest monthly gain since 1976
EUR/USD 🔽
GBP/USD 🔽
AUD/USD 🔽
USD/CAD 🔼
USD/JPY 🔼
XAU 🔽
WTI 🔽
Yesterday, the stock market has returned to previous gains, and all major US indices recorded moderate losses. Although the Dow fell 128 points to 32,732, Mitrade observed it has also recorded the highest monthly gain for October at 13.95% - the highest since 1976.
Later today, the Reserve Bank of Australia will announce its interest rate decision, as AUD/USD recovered from a low of 0.6368 to close at 0.6397 with minor losses. EUR/USD declined to 0.9883, Eurozone inflation went higher to 10.7% on the year in October. GBP/USD has the steepest loss of almost 150 pips to 1.1469.
USD/CAD peaked at 1.3677 and retreated to 1.3622, while USD/JPY climbed and stabilized at 148.71.
Higher US oil production estimates and slowed Chinese manufacturing data have weakened oil prices, WTI oil futures fell to $86.53 a barrel. The imminent Federal Reserve rate hike sends gold prices down to $1,633.64 an ounce.
GBP/USD 🔽
AUD/USD 🔽
USD/CAD 🔼
USD/JPY 🔼
XAU 🔽
WTI 🔽
Yesterday, the stock market has returned to previous gains, and all major US indices recorded moderate losses. Although the Dow fell 128 points to 32,732, Mitrade observed it has also recorded the highest monthly gain for October at 13.95% - the highest since 1976.
Later today, the Reserve Bank of Australia will announce its interest rate decision, as AUD/USD recovered from a low of 0.6368 to close at 0.6397 with minor losses. EUR/USD declined to 0.9883, Eurozone inflation went higher to 10.7% on the year in October. GBP/USD has the steepest loss of almost 150 pips to 1.1469.
USD/CAD peaked at 1.3677 and retreated to 1.3622, while USD/JPY climbed and stabilized at 148.71.
Higher US oil production estimates and slowed Chinese manufacturing data have weakened oil prices, WTI oil futures fell to $86.53 a barrel. The imminent Federal Reserve rate hike sends gold prices down to $1,633.64 an ounce.