Daily Forecast
The Forecast
2023.07.04
The dollar index reached its highest level in 20 years against a basket of currencies. The UK government announced a plan for radical tax cuts and investment incentives.
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The Forecast
2023.07.04
The Bank of England raised the interest rate to its highest level in 14 years. Japan's Ministry of Finance intervened in the currency for the first time since 1998.
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The Forecast
2023.07.04
The US Central Bank raised the rate by 75 basis points and is poised to make another big hike at the November meeting. The US dollar reached a 20-year high.
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The Forecast
2023.07.04
Inflation in Japan reached an 8-year record. The Eurozone is sliding into recession.
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The Forecast
2023.07.04
The dollar index is rising as there is a high probability that the US Federal Reserve will raise rates by 75 basis points today for the third consecutive time.
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The Forecast
2023.07.04
The euro continues to trade near parity. The Canadian dollar updated a two-year low against the dollar index.
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The Forecast
2023.07.04
Fears that the continued aggressive tightening of the Fed's policy will lead the world economy into a recession are a major factor in the strengthening of the dollar and the fall of risky assets.
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The Forecast
2023.07.04
The US dollar returned to growth after hawkish comments from US Federal Reserve officials, as well as amid the escalation of the war in Ukraine.
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The Forecast
2023.07.04
Today, the main focus of investors is on non-farm payrolls. Negative data could trigger a drop in the dollar index and a rise in the major basket of currencies.
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The Forecast
2023.07.04
Japan's yen is back to the 145 level. The Canadian dollar is strengthening on the back of OPEC+ production cuts.
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