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PropMarketCapFRESHMacroeconomics and central banks

Pound slips to 1.3300 ahead of UK budget - Fed meeting today at 21:00 MSK

Today at 15:30 MSK UK Finance Minister John Healey presents his first annual budget, and at 21:00 MSK the Fed will announce its rate. GBP/USD is already at 1.3300 - the lowest since October 19.

PropMarketCapFRESHCurrencies, commodities and indices

Ahead of the Fed, the dollar index rose to 101.87, USD/JPY at 157.36, the pound surrendered its five-week peak

On Monday, October 26, the dollar strengthened against major currencies ahead of the Fed meeting on Wednesday. The yen is the weakest in the basket, the pound slipped from its recent peak of 1.3419 to levels below 1.3350.

PropMarketCapFRESHMacroeconomics and central banks

UK GDP turned positive instead of falling: GBP/USD rose to 1.3242

The UK economy grew by 0.1% month-on-month in August, against a forecast of a 0.1% decline. After the data release, the pound strengthened, and GBP/USD rose by about 0.37%, to 1.3242.

PropMarketCapFRESHMacroeconomics and central banks

An hour of three events: ECB protocols, Bailey and the US labor market today from 14:30 MSK

Today, October 8, from 14:30 to 15:30 MSK, three important macro events come out in a row: the ECB protocols, a speech by Bank of England Governor Andrew Bailey and weekly US jobless claims. In one hour-long window, the euro, pound and dollar will be under reaction.