Forex Focus

How GDP and BOJ Rate Moves Impact Markets

| Oct 29, 2024
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    Forex Focus

    How GDP and BOJ Rate Moves Impact Markets

    Oct 29, 2024
    Pete Mulmat and Frank Kaberna discuss upcoming market events, focusing on key data releases like the U.S. GDP, BOJ rate announcement, and Bank of England’s budget that might cause volatility, particularly in sterling. They highlight PCE inflation and non-farm payroll figures as pivotal, mentioning potential impacts on dollar strength and interest rate decisions. Commodity currencies are noted for recent declines, and opportunities arise from potential market fluctuations ahead of the November FOMC decision.

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