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GBP Forecast: GBP/USD in the Eye of the FOMC/BOE Volatility Storm
Risks remain lower for GBP, however, markets are nearing peak bearishness.
U.S. Consumer Sentiment Sees Small Gains Through Holiday Season
U.S. Consumer Sentiment saw a jump from November’s 67.4 to 70.4, above the forecasted level of 67.1.
USD Dips, Gold Picks Up on 40yr High Inflation Having Matched Estimates
US CPI hits 40yr high, USD dip to be transitory amid FOMC next week
Chinese Yuan (CNH) Latest: PBoC Signals Unease With CNH Rise, Reversal May Boost USD
Chinese Authorities Take Action to Curb Yuan Strength
Gold Price Outlook – Support Looks Vulnerable if US Inflation Runs Hot
Gold continues to trade in a tight range and sits just above an important support level ahead of the latest look at runaway US inflation
UK GDP Prints Slightly Below Expectations In a Quarter Likely to be Affected by Omicron
The October GDP miss is mainly attributed to weakness in manufacturing, construction and industrial sectors with total GDP now just 0.5% off pre-pandemic levels
