The regular Monday recap is here! Together, let's recap the highlights of the past week.
Last week was pretty weak on data... But that can't be said for the USD. US data played a significant role throughout the week. On Wednesday, the actual PPI numbers came out, which were surprisingly positive and good for the USD.
The next event we focused on was Friday's Swiss PPI numbers. Producer and import prices fell by 1.0 % yoy in September.
We have shared our 2 outlooks on the AUDCHF and NZDCHF currency pairs to the discord group. Currently we have all positions protected from possible loss.
What's in store for the current trading week?
The current week will again be richer in incoming data.
On Tuesday, we will focus on UK labour market data, which will come at 8:00. The unemployment rate is expected to remain steady (albeit quite high).