Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Indices

DXY can probably trade a 103.15-103.80 range heading into Wednesday's FOMC meeting – ING

Source Fxstreet

The US Dollar Index (DXY) stays above 103.50. Economists at ING analyze Greenback’s outlook.

Dollar to hold gains against European currencies over the coming days

We expect the Dollar to hold gains against European currencies over the coming days.

In terms of today's US calendar, we have the Conference Board's consumer confidence index for January and the JOLTS job opening data for December. On the former, a strong number is expected given the jobs market is holding up. On the latter, only a modest drop is expected in job openings, to 8750K from 8790K. Any faster-than-expected drop in the JOLTS could soften the Dollar given some Fed officials seem to like JOLTS as the best gauge of slack in the US labour market.

Given soft activity data in Europe – and ongoing pessimism in China – DXY can probably trade a 103.15-103.80 range heading into Wednesday's FOMC meeting.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

Gold Falls Below $4,100, Risks Dropping to $4,000 as High Oil Prices Reinforce Expectations of High Fed Rates During the Asian session on October 22, gold prices (XAUUSD) weakened further in intraday trade, with spot gold falling below the $4,100 mark to hit a low of $4,066.56, its lowest level s

Author TradingKey

7 hours ago

During the Asian session on October 22, gold prices (XAUUSD) weakened further in intraday trade, with spot gold falling below the $4,100 mark to hit a low of $4,066.56, its lowest level s

The Fed will sit still on October 28 — but 100 of 100 economists now expect a December hike A Reuters poll run October 16-20 found 94 of 100 economists expecting the Fed to hold at 3.75-4.00% on October 28 — and all 100 expecting a hike in December, against less than half a month earlier. The market is close to the same price, with CME FedWatch at roughly 17% for October and 82.8% for December. With the Fed in blackout since October 17, here are the five dates that decide the rest of the year, what each one is priced for, and the two directions each can take.

Author Irene Q.

10 hours ago

A Reuters poll run October 16-20 found 94 of 100 economists expecting the Fed to hold at 3.75-4.00% on October 28 — and all 100 expecting a hike in December, against less than half a month earlier. The market is close to the same price, with CME FedWatch at roughly 17% for October and 82.8% for December. With the Fed in blackout since October 17, here are the five dates that decide the rest of the year, what each one is priced for, and the two directions each can take.

Meta's AI bill just hit $145 billion — and it issued a new share class to pay for it Meta reported record third-quarter revenue of $64.60 billion, up 26% from a year earlier, and raised full-year 2026 capital expenditure guidance to $135-145 billion from $130-145 billion. To fund that build-out without touching Mark Zuckerberg's voting control, the company announced a 2-for-1 stock split that hands every Class A holder a new non-voting Class C share. Here are the four lines that matter, the peer group that is being re-rated alongside it, and the bull and bear cases.

Author Irene Q.

11 hours ago

Meta reported record third-quarter revenue of $64.60 billion, up 26% from a year earlier, and raised full-year 2026 capital expenditure guidance to $135-145 billion from $130-145 billion. To fund that build-out without touching Mark Zuckerberg's voting control, the company announced a 2-for-1 stock split that hands every Class A holder a new non-voting Class C share. Here are the four lines that matter, the peer group that is being re-rated alongside it, and the bull and bear cases.

Gold Price Analysis Today | Forex Gold Analysis | XAU/USD Analysis - October 22, 2026 Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 22, 2026. Read on for the details.

Author Mitrade

15 hours ago

Get the latest gold price analysis, forex gold insights, and XAU/USD analysis for October 22, 2026. Read on for the details.

Today’s Market Recap: All Three Major U.S. Indexes Close Higher,SpaceX Up About 7.8% After Earnings, Supermicro Earnings Lift AI Stocks the three major U.S. stock indices all closed higher. SpaceX (SPCX) beat expectations with its third-quarter earnings, an

Author TradingKey

15 hours ago

the three major U.S. stock indices all closed higher. SpaceX (SPCX) beat expectations with its third-quarter earnings, an

Related Instrument