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Hawkish Fed, strong data ease dollar’s pain; pound awaits budget

Dollar regains some footing as Fed officials again rule out early pivot. Upbeat retail sales, warning from chip makers also dampen sentiment, stocks slip. Pound extends gains despite fears Autumn statement will usher in austerity era.Risk Warning: 77.74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.Please consider our Risk Disclosure: https://www.xm.com/goto/risk/enRisk warnin...

Broadcast on:
17 Nov 2022

Dollar regains some footing as Fed officials again rule out early pivot. Upbeat retail sales, warning from chip makers also dampen sentiment, stocks slip. Pound extends gains despite fears Autumn statement will usher in austerity era.

Risk Warning: 77.74% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en

Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning

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