Daily Forecast
The Forecast
2023.07.04
USD continues to lose ground against its main competitors. The U.S. currency is under pressure from the prospects of reduction of interest rates.
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The Forecast
2023.07.04
On Friday, Fed President of Dallas, Robert Kaplan, said that he expected a slowdown in US economic growth. The coronavirus pandemic contributes to this.
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The Forecast
2023.07.04
On Wednesday, the dollar index fell after Fed Chairman Jerome Powell said that there was no need to change monetary policy direction in conditions of rising government bond yields. The yield on 2-year...
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The Forecast
2023.07.04
Yesterday, the FOMC minutes eased fears about the upcoming aggressive rate hike by the Fed, but the geopolitical situation in Eastern Europe remains tense.
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The Forecast
2023.07.04
In June, the number of job openings increased to a new record level of 10.1 million in the US. It exceeded analysts' expectations and is above the previous value of 9.5 million in May.
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The Forecast
2023.07.04
Currency majors have stabilized. Investors continue to assess the risks of COVID-19 virus spread.
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The Forecast
2023.07.04
The dollar index started to decrease, which triggered corrective movements on the major currency pairs. The Fed chief Jerome Powell’s speech is expected by the traders today.
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The Forecast
2023.07.04
USD shows a steady downward trend against a basket of world currencies. The Fed has sharply reduced its key interest rate range by 50 basis points.
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The Forecast
2023.07.04
USD continues to lose positions against the single currency. The US dollar remains under pressure.
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The Forecast
2023.07.04
Currency majors demonstrate a variety of trends. Demand for USD has decreased significantly.
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