Nov 18


  • BY: Nati
  • November, 18th, 2015 12:07 +00:00

Good afternoon,

The US session about to get underway will see Housing Starts figures for October which are expected to fall to 1.160M from 1.206M in September. Building Permits for the same month however are expected to rise. EURUSD trading at 1.0662 before trading begins on Wall Street this Wednesday. GOLD has printed lows over the course of trading today not seen since early 2010 with XAUUSD trading at $1070 per ounce, off a low of $1063.86 today. USOIL trading at $42 per barrel. The next OPEC meeting takes place on the 4th of December in Vienna Austria.

The FOMC (Federal Open Market Committee) Minutes will be published today at 19:00 GMT: This event could cause a massive market reaction and traders should prepare their trading setups. A Federal Reserve rate hike in December is odds on according to market participants surveyed by numerous entities. Expect high volatility on USD pairs around the meeting minutes publication.

That's all from me until tomorrow, I hope you all have a nice evening.