November – Rayrice Forex News

Forex Signals Brief for November 29: Consider Month-End Flows

Yesterday’s shopping package The US dollar continued its mid-week decline as the FOMC minutes sounded a bit hawkish as the US manufacturing PMI fell last week. Although volatility eased over the weekend, US markets were closed for the Thanksgiving holiday. But volatility picked up yesterday and the US dollar continued to slide, falling nearly 2 … Read more

Forex Signals Brief November 14: UK, Canadian inflation to rise this week.

Last week’s shopping package Last week, central banks began to reduce the rate of interest, as in recent weeks. The US mid-term congressional elections took place, which helped to improve the mood, although still inconclusive. Chinese authorities have signaled the opposite as they closed down Guangzhou, commenting on the re-opening and bringing in and ending … Read more

Forex Signals Brief November 11: Risk sentiment offset soft US CPI.

Yesterday’s shopping package The US dollar has been showing weakness recently as central banks begin to cut rates and risk sentiment improves, using riskier assets. Although the US dollar bounced back ahead of the US CPI (Consumer Price Index) report yesterday in the European session, shaking markets. Traders enter the inflation report with a binary … Read more