美元 / 加元

Forex Outlook for Oct 3rd

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With the US avoiding a government shut down the Dollar has continued to gain through the session, pushing the Euro nearly 90 pips off the weekly open, already setting expectations we will see a 12th bearish week.

RBA meet tomorrow and are likely to continue to pause rates. Futures markets aren't expecting a change until Q1 24.

BoJ will conduct "unscheduled and unspecified" bond buying on Wednesday, no word yet on any forex intervention but traders seem reluctant to buy the Dollar at these levels, with 150.000 being the trigger price for last years intervention.

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