Swedish Krona, Norwegian Krone, FOMC Fee Choice, US Greenback – TALKING POINTSUS Dollar might rise vs SEK and NOK on Q3 earnings,
Swedish Krona, Norwegian Krone, FOMC Fee Choice, US Greenback – TALKING POINTS
- US Dollar might rise vs SEK and NOK on Q3 earnings, GDP knowledge and FOMC fee determination
- Brexit, geopolitical threats might put a premium on anti-risk property, low cost on Nordic FX
- Swedish Krona, Norwegian Krone uncovered to Eurozone GDP, native manufacturing PMIs
Discover ways to use political-risk analysis in your trading strategy!
The US Greenback might rise towards SEK and NOK amid a hurricane of volatility whipped up from a sea of critical economic data, central bank rate decisions, 3Q GDP data and earnings reports against the backdrop of political risk. The largest occasion for the week will possible be the FOMC fee determination which can induce cross-asset convulsions towards the backdrop of essential development knowledge and geopolitical developments.
Brexit: British Pound Outlook
GBP and its companions will possible transfer erratically all through the week as Brexit negotiations proceed to rattle market sentiment. This week, UK Prime Minister Boris Johnson will try to assemble the help of two-thirds of Parliament to set off a December 12 election as a solution to consolidate energy and push by way of his Brexit deal. Nevertheless, the EU has not determined if they may grant an extension past the October 31 deadline.
FOMC Fee Choice
In a single day index swaps are at the moment pricing in an…