A Week in the Market: Fed’s Decisions and a Dash of Statistics (4-8 December)
<div><img width="360" height="360" src="https://blog.roboforex.com/wp-content/uploads/2023/12/04.12.2023-360×360.jpg" class="attachment-thumbnail size-thumbnail wp-post-image" alt="A Week in the Market: Fed’s Decisions and a Dash of Statistics (4-8 December)" style="margin-bottom: 15px;" decoding="async" loading="lazy" /></div><p>This week, market sentiment will depend on the Fed’s comments about the <a href="https://blog.roboforex.com/blog/2019/10/22/trading-news-how-to-earn-on-interest-rates/" data-internallinksmanager029f6b8e52c="90" title="Interest rate">interest rate</a>, with statistics intensifying market reactions.</p>
<h2>USD: the importance of expectations</h2>
<figure><img decoding="async" width="1200" height="627" src="https://blog.roboforex.com/wp-content/uploads/2020/11/usd.jpg" alt="USD: the importance of expectations" class="wp-image-6088" srcset="https://blog.roboforex.com/wp-content/uploads/2020/11/usd.jpg 1200w, https://blog.roboforex.com/wp-content/uploads/2020/11/usd-360×188.jpg 360w, https://blog.roboforex.com/wp-content/uploads/2020/11/usd-768×401.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure><p>The US employment market reports for November are set to be published. The number of job openings is expected to surpass the October figures, while the unemployment rate is predicted to remain at 3.9%. The market is still determining its stance towards the USD, potentially leading to a weakening exchange rate.</p>
<h2>EUR: opportunity for growth</h2>
<figure><img decoding="async" width="1200" height="627" src="https://blog.roboforex.com/wp-content/uploads/2021/02/euro-1.jpg" alt="EUR: opportunity for growth" class="wp-image-6795" srcset="https://blog.roboforex.com/wp-content/uploads/2021/02/euro-1.jpg 1200w, https://blog.roboforex.com/wp-content/uploads/2021/02/euro-1-360×188.jpg 360w, https://blog.roboforex.com/wp-content/uploads/2021/02/euro-1-768×401.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure><p>The eurozone will release the Sentix Investor Confidence Index for December, the Consumer Price Index for October, and the services PMI for November. Paying particular attention to the October retail sales report is worthwhile, as the indicator may have rebounded amid falling prices. The <a href="https://roboforex.com/beginners/info/charts/forex/eurusd/" data-internallinksmanager029f6b8e52c="35" title="EUR/USD">EUR</a> has the potential to strengthen in the coming days.</p>
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<h2>China: signals for risky assets</h2>
<figure><img loading="lazy" decoding="async" width="1200" height="627" src="https://blog.roboforex.com/wp-content/uploads/2020/04/china-1200×627.jpg" alt="China: signals for risky assets" class="wp-image-3473" srcset="https://blog.roboforex.com/wp-content/uploads/2020/04/china.jpg 1200w, https://blog.roboforex.com/wp-content/uploads/2020/04/china-360×188.jpg 360w, https://blog.roboforex.com/wp-content/uploads/2020/04/china-768×401.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure><p>China is gearing up to release statistics on November’s <a href="https://blog.roboforex.com/blog/2021/10/21/trade-balance-how-to-use-it-in-forex/" data-internallinksmanager029f6b8e52c="207" title="Trade balance">trade balance</a>, imports, and exports. The more robust the data, the better for assets linked to risk.</p>
<h2>AUD: awaiting the central bank’s decision on the interest rate</h2>
<figure><img loading="lazy" decoding="async" width="1200" height="627" src="https://blog.roboforex.com/wp-content/uploads/2020/10/aud.jpg" alt="AUD: awaiting the central bank’s decision on the interest rate" class="wp-image-5803" srcset="https://blog.roboforex.com/wp-content/uploads/2020/10/aud.jpg 1200w, https://blog.roboforex.com/wp-content/uploads/2020/10/aud-360×188.jpg 360w, https://blog.roboforex.com/wp-content/uploads/2020/10/aud-768×401.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure><p>The Reserve Bank of Australia will likely keep the interest rate at 4.35% per annum. Observing how the regulator will assess the employment sector and <a href="https://blog.roboforex.com/blog/2022/06/30/what-is-inflation-reasons-and-consequences/" data-internallinksmanager029f6b8e52c="220" title="Inflation">inflation</a> prospects is essential. The <a href="https://roboforex.com/beginners/info/charts/forex/audusd/" data-internallinksmanager029f6b8e52c="33" title="AUD/USD">AUD</a> exchange rate remains within the ascending trading channel.</p>
<h2>CAD: interest rate in focus</h2>
<figure><img loading="lazy" decoding="async" width="1200" height="627" src="https://blog.roboforex.com/wp-content/uploads/2020/08/cad-1200×627.jpg" alt="CAD: interest rate in focus" class="wp-image-5425" srcset="https://blog.roboforex.com/wp-content/uploads/2020/08/cad.jpg 1200w, https://blog.roboforex.com/wp-content/uploads/2020/08/cad-360×188.jpg 360w, https://blog.roboforex.com/wp-content/uploads/2020/08/cad-768×401.jpg 768w" sizes="(max-width: 1200px) 100vw, 1200px" /></figure><p>Canada’s central bank is unlikely to change the interest rate, leaving it at 5.00% per annum. So far, demand supports the <a href="https://roboforex.com/beginners/info/charts/forex/usdcad/" data-internallinksmanager029f6b8e52c="38" title="USD/CAD">CAD</a>.</p>
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<a href="https://my.roboforex.com/en/register/">Open Trading Account</a></p><p>The post <a href="https://blog.roboforex.com/blog/2023/12/04/a-week-in-the-market-feds-decisions-and-a-dash-of-statistics-4-8-december/">A Week in the Market: Fed’s Decisions and a Dash of Statistics (4-8 December)</a> appeared first at <a href="https://blog.roboforex.com">R Blog – RoboForex</a>.</p>
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