Nov 24

FUNDAMENTAL ANALYSIS BY NSFX 24.11.2015

  • BY: Nati
  • November, 24th, 2015 12:47 +00:00

Good afternoon,

Bank of England Governor Mark Carney said that he was unsure as to when British interest rates should start to rise in a scheduled speech earlier this afternoon. GBPUSD trading at 1.5100 at time of writing. A Russian fighter jet has been shot down close to the Turkish and Syrian border. And immediate impact was felt on the Turkish Lira with USDTRY trading at 2.8620 but touching a daily high of 2.8836 shortly after news broke. USOIL trading at $42.83 per barrel while GOLD is trading at $1073 per ounce.

In the US, once Wall Street begins trading, we will see United States Gross Domestic Product figures for the third quarter along with Personal Consumption Expenditures figures. EURUSD trading at 1.0641 off a 6 month low printed at 1.0592 during yesterday's trading session. The Bank of Canada quarterly review is also due to be published this session. USDCAD trading at 1.3353

I hope you all have a pleasant evening.