TODAY'S MARKET INTELLIGENCE
USD Posts Two-Month Rally as Six Major Central Banks Hold Rates
English summary
The FX market continued its USD-led divergence in October, with the Dollar Index achieving a two-month rally. The BOJ held rates hawkishly and the ECB maintained rates, leaving non-USD currencies under interest rate pressure. Next week's BoE and RBA decisions are key variables.
The English text is machine translated and may require verification against the Chinese version.
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