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Isah Abdulmuminu pfp
Isah Abdulmuminu
@sunnysidetech
Market insights: 19/11/2024 The U.S. Dollar and Swiss Franc are leading the currency market as safe-haven assets amid global uncertainties. In contrast, risk currencies like the New Zealand Dollar and Australian Dollar remain weaker due to risk-off sentiment. Upcoming economic events, including the U.S. PCE inflation report and German CPI data, are key focus points for traders. Meanwhile, markets anticipate no changes from the Reserve Bank of New Zealand's policy meeting. On the commodities front, the November 30 OPEC+ meeting will explore potential extensions or deepening of production cuts by Saudi Arabia and Russia. keynote: strong currencies USD & CHF Weak currencies NZD & AUD Walk with us for pivotal market events✨️
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