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Message: [QUOTE="xSolidECNx, post: 213525, member: 89542"] [JUSTIFY][img]https://i.ibb.co/VJcb5ST/800x80.png[/img] [/JUSTIFY] [HEADING=1][JUSTIFY]EURUSD[/JUSTIFY][/HEADING] [JUSTIFY]The European currency is trading with multidirectional dynamics, consolidating near 0.9800. Investors are in no hurry to open new trading positions at the end of the week, but the euro may develop a corrective momentum. The last two trading sessions, the instrument shows a moderate increase, which allowed the EUR/USD pair to retreat from record lows around 0.9530. At the same time, the macroeconomic background from Europe remains negative, and investors are concerned about the rapid slowdown in the region's economy. In Germany, the Consumer Price Index in September rose from 7.9% to 10.0% in annual terms, while markets expected an increase to only 9.4%, and in monthly terms, the figure accelerated from 0.3% to 1.9% , also well ahead of forecasts at 1.3%. The Harmonized Consumer Price Index for the same period rose from 8.8% to 10.9%, contrary to expectations at 10.0%. Additional pressure on quotes was exerted by data on the eurozone: Economic Sentiment Indicator in September decreased from 97.3 points to 93.7 points with a forecast of 95.0 points, and the Services Sentiment indicator for the same period fell from 8.1 points to 4.9 points with expectations of correction only up to 7.0 points. [/JUSTIFY] [HEADING=1][JUSTIFY]GBPUSD[/JUSTIFY][/HEADING] [JUSTIFY]The British pound shows mixed dynamics, consolidating near 1.1100. For the last two trading days, the GBP/USD pair has been showing moderate growth, which so far fits into the technical correction after the collapse on September 23 and 26. Significant pressure on the positions of the British currency is exerted by investors' fears regarding the fiscal policy of the new British Prime Minister Liz Truss. Earlier, the official stepped up her rhetoric about the need for tax cuts, while the UK monetary authorities are hastily trying to restore liquidity in the market. However, interventions by the British regulator are unlikely to help significantly improve or somehow change the current situation on the market. This can only provide short-term support for the pound, while the fight against high inflation only becomes more difficult. The focus of investors today is a block of data from the UK on the dynamics of Gross Domestic Product (GDP) for the second quarter: on a quarterly basis, the figure fell from 0.8% to 0.2%, and on an annualized basis it decreased from 8.7% to 4.4%. [/JUSTIFY] [HEADING=1][JUSTIFY]XAUUSD[/JUSTIFY][/HEADING] [JUSTIFY]Gold prices practically do not change, consolidating near local highs of September 23 and the level of 1665.00. Notable pressure on the XAU/USD pair is exerted by the rising yield of US government bonds in response to increased market worries about the prospects for global economic growth. Yesterday, the yield of ten-year Treasury securities rose to 3.768% from 3.707% shown at the previous auction. In addition, investors are reacting to signals from the US Federal Reserve about a further increase in interest rates, which so far does not harm the national economy too much. The American regulator, unlike many other world central banks, does not have to worry about the exchange rate of its national currency. Today, investors are waiting for the publication of a block of statistics on the levels of Personal Spending and Income of US households for August.[/JUSTIFY] [HR][/HR] [url=https://solidecn.com]Visit solidecn.com[/url] [url=https://www.trustpilot.com/review/solidecn.com]Trust Pilot Score 4.9[/url] [/QUOTE]

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