Daily Global Forex Market Highlights (November 18)

< br > < span class = "section-news" > 1. Goldman Sachs: The U.S. dollar may strengthen further against Asian currencies next year. < br > < span class = "section-news" > 2. The U.S. dollar broke through 1.41 against the Canadian dollar for the first time since May 2020. < br > < span class = "section-news" > 3. Chancellor of the Exchequer Reeves confirms the Bank of England's 2% inflation target. < br > < span class = "section-news" > 4. Traders cut the probability of the Federal Reserve cutting rates in December to about 50%. < br > < span class = "section-news" > 5. Federal Reserve Goolsby: Further rate cuts may be needed in the next year. < br > < span class = "section-news" > 6. Federal Reserve Collins: Another rate cut in December is clearly under consideration; does not see an urgent need to cut rates. < br > < span class = "section-news" > 7. ECB Executive Committee Chipolone: We can and should further reduce the current level of monetary policy restrictions. < br > < span class = "section-news" > 8. The European Commission expects the euro zone economy to grow by 0.8%, 1.3% and 1.6% in 2024-2026, with inflation rates of 2.4%, 2.1% and 1.9%. < br > < span class = "section-news" > 9. Bank of Japan Governor Kazuo Ueda said he would continue to raise interest rates if the economy and prices move in line with expectations, but did not specify the timing of interest rate hikes.