Barkin says Fed flying blind as data blackout ends.Richmond Fed President Thomas Barkin said the U.S. central bank is facing pressure on both sides of its mandate, with inflation still above target and job growth clearly slowing. However, he noted that the picture is not one-directional, as consumers are increasingly resisting price increases while a contraction in labor supply has kept the unemployment rate stable.
Dollar-Franc Looks for Support at Triple Bottom Ahead of FOMC Minutes, Eyes 0.80000.Having recently suffered its worst weekly performance since June, falling by 1.38% in week 46, dollar-franc now looks for support near the key level of 0.8000, having recently formed a triple bottom on the daily timeframe.
investingLive Americas FX news wrap 18 Nov: USD is mixed. Nvidia earnings tomorrow.The ADP weekly US employment data showed improvement from prior week at -2.5Kfor the 4-week average vs -11.25K last week. Although still negative, it did show improvement.
United States Total Net TIC Flows increased to $187.1B in September from previous $2.1B.United States Total Net TIC Flows increased to $187.1B in September from previous $2.1B
United States Net Long-Term TIC Flows above forecasts ($126.1B) in September: Actual ($134.2B).United States Net Long-Term TIC Flows above forecasts ($126.1B) in September: Actual ($134.2B)