Forex News Digest 11.01.23

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  • Traders awaited the Federal Reserve Chairman's speech during the session on Wall Street. But the chairman did not openly comment on monetary policy.
  • Economic indexes are forcing markets to revise the Fed's rate forecast higher.
  • Careful optimism on Wall Street may cause Asia-Pacific indices to rise.
  • Local inflation data will affect the Australian dollar .
  • The dollar and  Japanese yen will still move between 130  and one 134 in the coming weeks.
  • The euro and the dollar remain at the level of around 1.07  against the background of an optimistic mood.
  • Pound and the dollar are moving above1.21. Risk flows dominate and weigh on the reliable US dollar.

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