Company News – Trading Signals: US October Inflation

Dear clients,

The dollar has stabilized after falling to a weekly low ahead of the US elections and the release of inflation data. US consumer inflation is expected to slow to 7.9% from 8.2% in September.

How the market can respond, our expert explains:

The decline in energy and food prices signal a contraction in the consumer price index in the United States, which is favorable for the US stock market and negative for the dollar. On Thursday, consider buying #DJI30, GBPUSD, AUDUSD, #WTI.

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