2:48 PM · 21 November 2023

USDIDX tries to erase loses despite weaker Chicago Fed reading

Regional manufacturing activity business Chicago Fed came in -0,49 vs 0 exp. and 0,02 previously

Despite lower than expected reading USDIDX cuts early loses and rebound from 103 levels to 103,2 in a matter of 15 minutes.

Source: xStation5

Source: Federal Reserve of Chicago

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Losses can exceed deposits

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