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AUD/USD Price Forecast: Downtrend Continues but Almost Oversold
USA's October Chicago PMI was 41.6, significantly below expectations.
usa October Chicago PMI was 41.6, expected 47, September previous value was 46.6. 50 is the dividing line. Chicago PMI has been below the key threshold of 50 for 11 consecutive months, and the contraction intensified in October.
US Core PCE Inflation Set to Soften Further, Paving Way for Another Federal Reserve Interest-rate Cut
A Peek at the Hedonism of US Consumers – UBS
Kazuo Ueda: Next interest rate hike timing is uncertain. Will closely monitor usa economic data.
The Bank of Japan also stated in its quarterly outlook report: 'The Bank of Japan needs to pay appropriate attention to the future trends of the overseas economy, especially the usa economy, as well as the development of financial markets.'
Dollar Falls Due to Overseas Events, Says ING -- Market Talk