Daily Forecast
The Forecast
2023.07.04
The dollar index has been traded in a narrow range for the past two trading days, indicating low volatility caused by the Christmas and New Year holidays.
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The Forecast
2023.07.04
According to the results of the Fed meeting, the US central bank will begin reducing its quantitative easing program in November and plans to end it in 2022.
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The Forecast
2023.07.04
Rising energy prices could lead to higher inflation in the coming months and limit consumer spending on products and services. Ultimately, this might slow the US economic recovery to the point of rece...
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The Forecast
2023.07.04
With Omicron fears easing, the Japanese Yen hit a one-month low yesterday, while the Euro and the British Pound were stable.
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The Forecast
2023.07.04
Today, traders' attention is focused on the US Federal Reserve's meeting (FOMC). Analysts expect the US central bank to announce the reduction of the quantitative easing (QE) program officially.
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The Forecast
2023.07.04
The balance of the US Fed reached a new record of $8.8 trillion. But it should be noted that the Fed's bond buying pace is declining now.
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The Forecast
2023.07.04
Friday's weaker-than-expected jobs report for September has not changed analysts' expectations that the Fed might start cutting back on stimulus by the end of the year. The US economy added only 194,0...
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The Forecast
2023.07.04
The initial jobless claims in the US declined last week. The number of new applications for the week was 326,000 (forecast 348,000). This is the lowest quarterly figure since 1997.
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The Forecast
2023.07.04
Fed Chairman Jerome Powell has set a very low bar for the labor market in terms of what the Fed needs to see moving forward. Therefore, the QE program cut at the November meeting is likely to be a don...
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The Forecast
2023.07.04
The dollar index is strengthening again while investors partially shift their money into cash as the US Federal Reserve will begin asset cuts in 2021 and raise interest rates in 2022.
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