Author: Marketforces Africa

MarketForces Africa, a Financial News Media Platform for Strategic Opinions about Economic Policies, Strategy & Corporate Analysis from today's Leading Professionals, Equity Analysts, Research Experts, Industrialists and, Entrepreneurs on the Risk and Opportunities Surrounding Industry Shaping Businesses and Ideas.

U.S Dollar Holding Firm Ahead of Heavy Data Schedule The United States (U.S) dollar was steady-to-higher against its major trading partners early Wednesday ahead of an expected busy pre-Thanksgiving session. US markets are closed on Thursday and are open for only part of the day on Friday. Wednesday’s schedule is packed with the release of the minutes from the Nov. 2-3 FOMC meeting, personal income and spending, the Fed’s favoured PCE inflation measure, weekly jobless claims, the second look at Q3 GDP, advance trade and inventories, durable goods new orders, the updated Michigan Sentiment index and new home sales. A…

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