PREVIOUS TRADING DAY EVENTS 08 Nov 2023

Winners and Losers

The USDJPY and other crosses claimed the top part of the winners list with just over 1 since the USD has picked up strength this week. DXY remained almost flat yesterday.
NZDUSD remains the top gainer for the month with 1.95 gains.

News Reports Monitor Previous Trading Day 08 Nov 2023

Server Time Timezone EEST UTC 0200

Midnight Night Session Asian

Respondents expectations for oneyear ahead and twoyearahead annual inflation have declined. Inflation expectations for the quarter were reported with a 2.76 figure versus the previous higher 2.83. Annual CPI inflation for the September 2023 quarter was measured at 5.6, a decline from last quarters 6.0 annual inflation. The fiveyearahead and tenyearahead annual inflation expectations increased from last quarters mean estimates and remained within the 13 inflation target. No major impact was recorded affecting the NZD pairs at the time of the report release.

MorningDay Session European and N. American Session

No major releases, no major news announcements. Several speeches take place from central bank representatives throughout the day.

General Verdict

Absence of important announcements and major figure releases. Low volatility levels. The dollar Index moved sideways around the mean with moderate volatility.
U.S. Stock market settled. Indices have followed a sideways path with moderate volatility.
Gold and Oil closed lower again.

FOREX…