EUR/USD ▶️
GBP/USD 🔼
AUD/USD 🔽
USD/CAD 🔼
XAU ▶️
WTI 🔽
A fine margin in the results has denied an outright victory in the Brazilian presidential election, both former and current presidents will go head to head in the next round. While the people are divided by their choice of leader, potential unrest lies ahead if the final result sparks controversies.
As an oil producer and commodity exporter, this could further disrupt the global supply chain. WTI oil futures declined to $79.49 a barrel and just surged to $81.67. Despite experiencing considerable fluctuations, recession fears kept gold prices mostly steady at $1,660.98 an ounce.
After rebounding from 0.9744, the Euro then closed to 0.9799 against the US dollar, and GBP/USD went higher to 1.116. Later today, both Germany and the UK will provide their manufacturing PMI readings for September, the market expects the manufacturing sectors would not change in terms of performance.
Tomorrow morning, the Reserve Bank of Australia is going to announce its interest rate decision, current estimates anticipated a 50-basis point increase to 2.85%. Meanwhile, AUD/USD recovered from a low of 0.6397 to 0.6402, recording a loss of over 100 pips. USD/CAD closed at a high of 1.3826, and the US manufacturing PMI will be available early tomorrow.
More information on Mitrade website.
GBP/USD 🔼
AUD/USD 🔽
USD/CAD 🔼
XAU ▶️
WTI 🔽
A fine margin in the results has denied an outright victory in the Brazilian presidential election, both former and current presidents will go head to head in the next round. While the people are divided by their choice of leader, potential unrest lies ahead if the final result sparks controversies.
As an oil producer and commodity exporter, this could further disrupt the global supply chain. WTI oil futures declined to $79.49 a barrel and just surged to $81.67. Despite experiencing considerable fluctuations, recession fears kept gold prices mostly steady at $1,660.98 an ounce.
After rebounding from 0.9744, the Euro then closed to 0.9799 against the US dollar, and GBP/USD went higher to 1.116. Later today, both Germany and the UK will provide their manufacturing PMI readings for September, the market expects the manufacturing sectors would not change in terms of performance.
Tomorrow morning, the Reserve Bank of Australia is going to announce its interest rate decision, current estimates anticipated a 50-basis point increase to 2.85%. Meanwhile, AUD/USD recovered from a low of 0.6397 to 0.6402, recording a loss of over 100 pips. USD/CAD closed at a high of 1.3826, and the US manufacturing PMI will be available early tomorrow.
More information on Mitrade website.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.