Daily Forecast
The Forecast
2023.07.04
On Tuesday, the market followed the previous direction in the absence of a strong news background. The euro continues to rise against the dollar, although the growth of assets on the weekly balance sh...
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The Forecast
2023.07.04
On Monday, the dollar continued to lose ground amid the disappointment of traders regarding data on the labor market and expectations of a new injection of money into the US economy. The corrective gr...
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The Forecast
2023.07.04
Last week, the University of Michigan released its Consumer Confidence Index data. The index decreased from 81.2 to 70.2, indicating growing fears about the future dynamics of the economic recovery.
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The Forecast
2023.07.04
In the light of positive expectations regarding the labor market, the dollar index continued to rise and reached 91.50 on Thursday. The week ends with the biggest gains for the USDX since late October...
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The Forecast
2023.07.04
On Friday, the dollar index fell sharply after the labor market report showed surprisingly low numbers. The NFP indicator showed an increase of only 49,000 against the forecast of 105,000.
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The Forecast
2023.07.04
The dollar index continues to rise amid positive macroeconomic statistics. The services index, released by The Institute for Supply Management on Wednesday, accelerated growth to 58.7 from 57.7 in Dec...
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The Forecast
2023.07.04
Yesterday, the dollar strengthened amid declining stock prices in the major US stock exchanges due to new coronavirus outbreaks in India and Canada.
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The Forecast
2023.07.04
On Tuesday, the dollar index closed slightly higher. It is continuing to rise amid declining European currencies. The biggest bearish pressure is observed in the euro after the release of the GDP data...
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The Forecast
2023.07.04
The dollar fell to a fresh low against major currencies as the euro led the rally amid improving forecasts on the regional vaccination program.
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