Economic calendar for the week 09.10.2023 – 15.10.2023
With the opening of the first trading day of the month, the dollar resumed its growth. The dollar then received support from positive manufacturing PMI data from S&P Global and the Institute for Supply Management (ISM), and additional support from the fact that congressmen were able to reach a consensus over the weekend on funding the government (for 45 days), and members of the Senate and House of Representatives can continue budget negotiations.
Meanwhile, market expectations regarding the prospects for the Fed policy and the US dollar remain the same. Market participants expect the Fed to raise interest rates by… Read full author’s opinion and review in blog of #LiteFinance
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