{"id":136831,"date":"2018-11-08T07:42:04","date_gmt":"2018-11-08T12:42:04","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=136831"},"modified":"2018-11-08T06:43:04","modified_gmt":"2018-11-08T11:43:04","slug":"the-usd-index-is-testing-the-annual-maximums","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/11\/the-usd-index-is-testing-the-annual-maximums\/","title":{"rendered":"The USD index is testing the annual maximums"},"content":{"rendered":"<div id=\"inves-1913647744\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">November 8, 2018<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>by\u00a0<a href=\"https:\/\/justforex.com\/?utm_source=countingpips&amp;utm_medium=article&amp;utm_campaign=analytics_market_overview\" target=\"_blank\" rel=\"noopener\"><u>JustForex<\/u><\/a><\/strong><\/p>\n<p class=\"ag-analytics_text\">The USD weakened against the basket of major currencies. The USD Index (#DX) closed in the red (-0.11%). Democrats have won the House of the Representatives in the US while the Republicans are holding onto the Senat. The investors are waiting for the Federal Reserve to determine the new key interest rates. Watch out for the comments and the polemics by the Federal Reserve representatives.<\/p>\n<p class=\"ag-analytics_text\">A number of important economic reports was published yesterday. Canada released a Purchasing Managers&#8217; Index by Ivey for October, which reached 61.8 instead of expected 50.9. The Reserve Bank of New Zeland left the key interest rate at 1.75%, as was expected. Today, during the Asian trading session, China has released positive data regarding their trade balance. For example, the volume of export rose in October to 15.6%, while the volume of import \u2013 to 21.4% instead of the expected 11% and 14% respectively.<\/p>\n<p class=\"ag-analytics_text\">The prices on oil started to recover. At the moment, the WTI futures are at 62 USD\/barrel.<\/p>\n<h2 class=\"ag-analytics_title\">Market Indicators<\/h2>\n<p class=\"ag-analytics_text\">The US stock market has been showing some aggressive buy-outs lately: #SPY (+2,14%), #DIA (+2,17%), #QQQ (+3,14%).<\/p>\n<p class=\"ag-analytics_text\">10-year US government bonds yield is 3.22-3.23%.<\/p><div id=\"inves-3128121204\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<div class=\"ag-analytics_list-title\">The Economic News Feed for 08.11.2018:<\/div>\n<ul>\n<li>&#8211; Fed Interest Rate Decision \u2013 21:00 (GMT+2:00).<\/li>\n<\/ul>\n<p><strong>by\u00a0<a href=\"https:\/\/justforex.com\/?utm_source=countingpips&amp;utm_medium=article&amp;utm_campaign=analytics_market_overview\" target=\"_blank\" rel=\"noopener\"><u>JustForex<\/u><\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>by\u00a0JustForex The USD weakened against the basket of major currencies. The USD Index (#DX) closed in the red (-0.11%). Democrats have won the House of the Representatives in the US while the Republicans are holding onto the Senat. The investors are waiting for the Federal Reserve to determine the new key interest rates. Watch out [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-136831","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136831","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=136831"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136831\/revisions"}],"predecessor-version":[{"id":136832,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/136831\/revisions\/136832"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=136831"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=136831"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=136831"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}