Daily Forecast Archive - Page 47 of 188

The Forecast

2023.07.04

According to analysts, the weakening of the dollar in recent days is profit-taking after a strong rally.

The Forecast

2023.07.04

The dollar index fell about 1.3% last week, in the first week of declines, after a 6-week rise. Market participants are increasingly worried about the recession in the United States.

The Forecast

2023.07.04

This week the investors' attention is focused on the ECB interest rate decision as well as the inflation data of the leading economies.

The Forecast

2023.07.04

Hedge fund strategists believe Jerome Powell was clearly "hawkish" on Wednesday, causing the US dollar to return to an uptrend yesterday.

The US Federal Reserve raised interest rates by 0.5% to 1% but reduced investors' fears of more aggressive rate hikes at its next meetings. With investors pricing in a more aggressive tightening, the...

The Forecast

2023.07.04

The long-awaited Fed monetary policy meeting will take place today. The Fed is expected to raise interest rates by 50 bps (0.5%) for the first time in more than 20 years.

The Forecast

2023.07.04

The dollar index is trading at a 20-year high. Investors' focus remains on tomorrow's Fed interest rate meeting, where policymakers are likely to raise rates by 0.5% for the first time in 20 years.

The Forecast

2023.07.04

The US dollar increased sharply in April, rising by 4.6%, the largest monthly percentage gain since January 2015. This increase was due to the beginning of a cycle of aggressive rate hikes by the Fed...

The Forecast

2023.07.04

On Monday, the US dollar reached a two-year high as investors bought the dollar as a reserve currency due to ongoing uncertainty in global financial markets.

The Forecast

2023.07.04

Following speeches by Fed Chairman Jerome Powell late last week, analysts are now predicting an almost 100% chance of a double interest rate hike in May, June, and July. This is a positive factor for...