Daily Forecast
The Forecast
2023.07.04
US GDP declined by 1.4% in the first quarter, while growth was expected at 1.1%. The number of new jobless claims in the US was 180,000, which is at the level of forecasts.
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The Forecast
2023.07.04
The US dollar continues to strengthen due to rising US government bond yields. The Japanese yen fell to a 20-year low.
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The Forecast
2023.07.04
The US dollar reached a new two-year high. The yen continues to decline sharply.
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The Forecast
2023.07.04
In March, US industrial production increased by 0.9% compared to the expected growth of 0.4%. The dollar index is trading at an annual high again.
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The Forecast
2023.07.04
The number of new jobless claims in the US was 185,000, while analysts expected 170,000. The ECB left monetary policy unchanged. Today is "Good Friday," and most financial capitals will be closed.
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The Forecast
2023.07.04
The growth of yields on US government bonds stopped, which led to a decrease in the dollar index and, consequently, to the growth of major currencies against the dollar.
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The Forecast
2023.07.04
The inflation rate in the US increased to 8.5%, the highest level since December 1981. The dollar index continued to rise amid expectations of a more aggressive tightening by the Fed.
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The Forecast
2023.07.04
US bond yields are rising as investors continue to evaluate the Fed's more hawkish stance. As bond yields rise, so does the dollar index, negatively affecting other currencies trading against the doll...
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The Forecast
2023.07.04
Rising US government bond yields are strengthening the dollar index, leading to a significant increase in USD/JPY quotes amid the ultra-soft policy of the Bank of Japan.
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The Forecast
2023.07.04
The ECB is once again showing inconsistency in terms of monetary policy. The dollar index continued to rise amid strong labor market indicators in the US.
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