Core Viewpoint - The article discusses the fluctuations in various currency pairs, highlighting the movements of the Euro, British Pound, Swiss Franc, and commodity currencies against the US Dollar on November 18. Currency Movements - The Euro against the US Dollar decreased by 0.08%, closing at 1.1583, with a daily high of 1.1608 and a low of 1.1572 [1] - The British Pound against the US Dollar fell by 0.03%, settling at 1.3151 [1] - The US Dollar appreciated by 0.43% against the Swiss Franc, reaching 0.7996, after hitting a daily low of 0.7938 [1] Commodity Currencies - The Australian Dollar increased by 0.31% against the US Dollar [1] - The New Zealand Dollar rose by 0.11% against the US Dollar [1] - The US Dollar declined by 0.52% against the Canadian Dollar [1] Other Currency Movements - The Swedish Krona and Norwegian Krona both appreciated by 0.03% against the US Dollar [1] - The Danish Krone decreased by 0.08% against the US Dollar [1] - The Polish Zloty fell by 0.18% against the US Dollar, while the Hungarian Forint increased by 0.12% [1]

Group 1 - The USD/CAD exchange rate has fallen below the 1.4000 mark due to increased risk appetite in the market, leading to a weaker US dollar [1][3] - The end of the US government shutdown has boosted market sentiment, contributing to the decline of the USD [3] - The Canadian central bank has adopted a more cautious stance on monetary policy, which has strengthened the Canadian dollar [3] Group 2 - The USD/CAD has experienced a six-day consecutive decline, reaching a ten-day low as optimism surrounding the US government reopening dampens the dollar [3] - The market is reacting to President Trump's signing of a bill that allows the federal government to resume operations and release delayed macroeconomic data, although the timing of specific data releases remains uncertain [3] - Divergence in monetary policy views among Federal Reserve officials has led to a decrease in expectations for a rate cut in December, with futures markets showing a 54% probability of a 25 basis point cut, down from 67% last week and over 90% a month ago [3] - Strong employment data from Canada and the Bank of Canada's cautious monetary policy stance have prompted investors to reassess expectations for further easing, contributing to the Canadian dollar's strength [3]

Core Viewpoint - The US dollar index increased by 0.07% to 99.62, with mixed performance among non-US currencies [1] Currency Performance - The euro declined by 0.06% against the US dollar, trading at 1.1557 [1] - The British pound appreciated by 0.10% against the US dollar, reaching 1.3176 [1] - The Australian dollar rose by 0.65% against the US dollar, at 0.6536 [1] - The US dollar strengthened by 0.46% against the Japanese yen, trading at 154.1325 [1] - The US dollar decreased by 0.18% against the Canadian dollar, at 1.4021 [1] - The US dollar fell by 0.02% against the Swiss franc, trading at 0.8049 [1]

Economic Impact - The White House economic advisor Hassett stated that the government "shutdown" could have a far greater impact on the U.S. economy than previously expected, potentially causing long-term damage to government efficiency and leading to a slowdown in Q4 GDP growth [1] - U.S. Treasury Secretary Basant indicated that if the "shutdown" continues, economic growth in Q4 could be halved [1] Federal Reserve Insights - Federal Reserve Vice Chairman Jefferson suggested that the Fed should be more cautious in future policy actions as interest rates are closer to neutral levels [2] - New York Fed President Williams mentioned that the Fed may soon need to expand its balance sheet through asset purchases to meet liquidity needs, although this does not indicate a change in monetary policy stance [2] - St. Louis Fed President Bullard projected that monetary policy is in a moderately tight to neutral range, with 50 to 75 basis points of policy adjustment space remaining if rates decline further [2] Consumer Confidence - The preliminary consumer confidence index from the University of Michigan for November is at 50.3, marking the lowest level since June 2022 [3] Global Market Dynamics - The Dow Jones Industrial Average rose by 0.16% to 46,987.1 points, while the S&P 500 increased by 0.13% to 6,728.8 points. The Nasdaq Composite fell by 0.21% to 23,004.54 points [4] - COMEX gold futures rose by 0.42% to $4,007.8 per ounce, and silver futures increased by 0.57% to $48.225 per ounce [5] Oil and Bond Market - The main contract for U.S. oil rose by 0.69% to $59.84 per barrel, while Brent crude increased by 0.47% to $63.68 per barrel [6] - The 2-year U.S. Treasury yield rose by 0.43 basis points to 3.560%, the 5-year yield increased by 0.52 basis points to 3.682%, the 10-year yield rose by 1.54 basis points to 4.097%, and the 30-year yield increased by 2.04 basis points to 4.699% [6]

Core Viewpoint - The news outlines key support and resistance levels for various currency pairs, indicating potential trading strategies based on market movements. Currency Analysis - **USDJPY**: Monthly resistance at 102.10, weekly support at 98.30, daily resistance at 99.30, and a critical short-term range between 100.10-20 [1][2] - **USDCAD**: Monthly support at 1.4030, weekly support at 1.3890, daily resistance at 1.4020, with a short-term critical range at 1570-80 [5][6] - **USDCHF**: Monthly support at 1.4100-1.4110, with no reversal signal indicating a bearish outlook [7] - **EURUSD**: Weekly support at 0.8000, daily resistance at 0.8000, and a critical range at 0.8090-0.8100 [9] - **GBPUSD**: Monthly support at 1.1120, weekly resistance at 1.1670, daily resistance at 1.1575, with a critical range at 1.1485-1.1495 [11] - **AUDUSD**: Monthly support at 1.3070, weekly resistance at 1.3415, daily resistance at 1.3220, with a critical range at 1.3040-50 [13] - **NZDUSD**: Weekly resistance at 0.6540, daily resistance at 0.6520, and a critical range at 0.6490-0.6500 [15] - **General Market Sentiment**: The analysis suggests a cautious approach, waiting for reversal signals before making significant trades [2][7][9][11][13][15] Economic Events - Key economic events to watch include Tesla's annual shareholder meeting, Germany's industrial output, Switzerland's unemployment rate, Eurozone retail sales, and the Bank of England's interest rate decision [17]

Core Viewpoint - The US dollar index decreased by 0.05% to 100.16, while most non-US currencies appreciated against the dollar [1] Currency Movements - The euro rose by 0.09% against the dollar, reaching 1.1493 [1] - The British pound increased by 0.24% to 1.3052 against the dollar [1] - The Australian dollar appreciated by 0.27% to 0.6506 against the dollar [1] - The Japanese yen strengthened by 0.29% against the dollar, with a rate of 154.1220 [1] - The Canadian dollar saw a slight increase of 0.04% to 1.4108 against the dollar [1] - The Swiss franc declined by 0.05% against the dollar, with a rate of 0.8102 [1]

Core Viewpoint - The US dollar index increased by 0.18% to 99.72, while most non-US currencies experienced a decline, indicating a strengthening of the dollar against other currencies [1]. Currency Performance - The euro fell by 0.24% against the dollar, trading at 1.1536 [1]. - The British pound decreased slightly by 0.01%, with a rate of 1.3149 against the dollar [1]. - The Australian dollar dropped by 0.15%, reaching 0.6545 against the dollar [1]. - The Japanese yen saw a minor decline of 0.09%, trading at 154.0095 against the dollar [1]. - The Canadian dollar appreciated by 0.18%, with a rate of 1.4010 against the dollar [1]. - The Swiss franc strengthened by 0.32%, trading at 0.8046 against the dollar [1].

Core Points - The US dollar index decreased by 0.09% to 98.73, indicating a slight weakening of the dollar against other currencies [1] - Most non-US currencies appreciated, with the euro rising by 0.08% to 1.1654 against the dollar [1] - The British pound fell by 0.48% to 1.3272 against the dollar, while the Australian dollar increased by 0.45% to 0.6586 [1] - The dollar also declined against the Japanese yen by 0.52% to 152.0865, and against the Canadian dollar by 0.29% to 1.3946 [1] - Additionally, the dollar decreased by 0.27% against the Swiss franc, reaching 0.7933 [1]

Group 1 - The IMF projects that the U.S. government debt will exceed 143.4% of GDP by 2030, increasing by over 20 percentage points from current levels [1] - U.S. Treasury Secretary Yellen praised Japan's expansionary fiscal policy during a meeting with Japan's Finance Minister, although no discussions on monetary policy details took place [1] - The negotiations between South Korea and the U.S. regarding a $350 billion investment project are currently stalled, with key issues such as investment methods, amounts, and timelines still under dispute [2] Group 2 - Argentina's ruling coalition led by President Milei won the midterm elections, alleviating investor concerns about potential stagnation in economic reforms [2] - The German business climate index rose from 87.7 to 88.4 in October, indicating improvements in manufacturing, services, and trade, despite a decline in business satisfaction for the third consecutive month [2] Group 3 - The Dow Jones Industrial Average increased by 0.71% to 47,544.59 points, while the S&P 500 rose by 1.23% to 6,875.16 points, and the Nasdaq Composite climbed by 1.86% to 23,637.46 points, all reaching new historical highs [3] - COMEX gold futures fell by 3.40% to $3,997.00 per ounce, and silver futures dropped by 3.61% to $46.83 per ounce [4] Group 4 - U.S. oil futures rose by 0.08% to $61.55 per barrel, while Brent crude futures decreased by 0.09% to $65.14 per barrel [5] - The 2-year U.S. Treasury yield fell by 0.64 basis points to 3.482%, with similar declines observed across other maturities [5] Group 5 - The U.S. dollar index decreased by 0.12% to 98.82, while the euro and British pound appreciated against the dollar [6]

Group 1 - The US dollar index decreased by 0.12% to 98.82, indicating a slight weakening of the dollar against other currencies [1] - Most non-US currencies appreciated, with the euro rising by 0.15% to 1.1644 against the dollar [1] - The British pound increased by 0.18% to 1.3335 against the dollar, while the Australian dollar saw a rise of 0.66% to 0.6556 [1] Group 2 - The Japanese yen experienced a minor decline, with the dollar trading at 152.8760, down 0.01% [1] - The Canadian dollar also saw a slight decrease, with the dollar at 1.3987, down 0.05% [1] - The Swiss franc fell by 0.03%, with the dollar priced at 0.7954 [1]