Here is what you need to know on Thursday, November 2: The US Dollar stays on the back foot as markets assess the Federal Reserve's (Fed) policy decisions and Chairman Jerome Powell's remarks at the post-meeting press conference.
The Bank of England will announce the interest rate decision and GovernorAndrew Bailey will deliver the Monetary Policy Report at a press conference on Super Thursday. Later in the day, weekly Initial Jobless Claims, September Factory Orders and Unit Labor Costs data for the third quarter will be featured in the US economic docket. The Fed left its policy rate unchanged at 5.25%-5.5% as expected.
08% -0.16% CAD 0.03% -0.14% -0.02% -0.07% -0.12% -0.10% -0.21% AUD 0.09% -0.06% 0.09% 0.06% -0.06% -0.03% -0.09% JPY 0.14% -0.01% 0.11% 0.10% 0.04% 0.00% -0.06% NZD 0.14% -0.05% 0.08% 0.10% 0.03% -0.03% -0.11% CHF 0.20% 0.05% 0.19% 0.20% 0.11% 0.06% 0.08% The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row.
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