23 November 2022 | Other

On the agenda today

Investors are in no hurry to make big bets. The renewed COVID restrictions in China influence their risk appetite. In addition to this, investors are currently waiting for the Fed minutes to be released. The results of the meeting will be available on Wednesday at 19:00 GMT.

Market participants expect the Fed to slow the pace of rate hikes. The Fed may come up with the decision to adjust the monetary policy stance soon, although these may be just hopes of market participants.

Wednesday will also see PMI (The Purchasing Managers' Index) data with preliminary November data for all the countries to be unveiled.  The UK and Eurozone data is likely to be the main focus.

Thus, the dollar rate may be influenced by different events, with gold stabilizing. 

Company MarketCheese
Period: 02.01.2026 Expectation: 740 pips
Central bank policy split drives AUDCAD higher
26 December 2025 51
Brent sell
Period: 09.01.2026 Expectation: 200 pips
Rebound won’t help Brent crude to break out of downtrend
26 December 2025 29
Period: 02.01.2026 Expectation: 1180 pips
GBPUSD set to resume uptrend after holiday break
26 December 2025 44
USDCAD neutral
Period: 28.02.2026 Expectation: 600 pips
Selling USDCAD from 1.4030
26 December 2025 23
Brent sell
Period: 31.01.2026 Expectation: 150 pips
Selling Brent crude down to $60.90
26 December 2025 24
Period: 01.01.2026 Expectation: 362 pips
Natural gas selloff amid ongoing downtrend and weak demand
25 December 2025 48
Go to forecasts