Friday, 28 October 2022

DXY stalled from slipping.


The US Advance GDP numbers came out stronger than expected and made the Dollar index to rebound from a technical support at 109.50. The stronger numbers were helped by strong exports but domestic consumption remains low. Today's PCE numbers will determined the direction of the Dollar, hint - lower. Expect lower Personal Consumption Expenditures due to higher living and energy costs.

GBP Amerika 3 bulan sebelum September mengalami kenaikan dengan angka melebihi ekspektasi. Hasil ini dibantu oleh peningkatan ekspor, namun belanja dalam negeri tetap masih melemah. Hari ini akan terbit data PCE yang akan menentukan arah Dollar, petunjuk - menurun. Kemungkinan angka PCE akan melemah karena biaya hidup dan energi yang meningkat.

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