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Key Economic Events Impacting USD on 23/10

Today’s economic events could lead to notable changes in USD value and interest rate expectations. Investors should pay attention to these crucial updates.

1. FOMC Bowman Speech

FOMC member Neel Bowman will deliver a key speech tonight, providing insights into future monetary policy. Markets will be watching closely for signals regarding potential interest rate changes, which could impact USD strength.

2. Existing Home Sales Report

At 9 PM, the existing home sales report will be released. This is a key indicator of the health of the U.S. real estate market and can influence various sectors, including construction and finance, as well as USD movements.

3. FOMC Barkin Speech

At 11 PM, Barkin will speak, offering further clues about future interest rate directions. Such speeches from FOMC members often cause market reactions, with the potential for volatility in the USD.

Conclusion:

These economic events today could create significant shifts in USD value and interest rate trends. Investors are advised to stay updated and adjust their strategies accordingly.