Daily Forecast
The Forecast
2023.07.04
The US Treasury Department will refund approximately $47.7 billion of privately-held Treasury notes and bonds. It could make currencies strengthen against the dollar.
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The Forecast
2023.07.04
Major Forex currency pairs are showing weak activity. The dollar index is fluctuating below a two-month high, with investors unwilling to take risks ahead of ADP Non Farm data at the end of the week.
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The Forecast
2023.07.04
Low volatility is expected today, as no important events are planned.
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The Forecast
2023.07.04
June manufacturing PMIs in the US and Europe show economic recovery. As long as such global monetary policy persists, the dollar index will weaken.
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The Forecast
2023.07.04
After the Fed meeting on Wednesday, it became clear that there would be no sharp changes in monetary policy until the end of the year.
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The Forecast
2023.07.04
Yesterday, the US S&P 500 index set a new all-time high due to the positive US labor market data. The number of jobless claims fell over the past week, indicating a steady economic recovery.
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The Forecast
2023.07.04
Important macroeconomic statistics will be released in the USA and Canada today, so traders should be especially careful. Volatility in the American session will be higher than usual.
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The Forecast
2023.07.04
The US labor market is gaining momentum. Jobless claims decreased by 26,000 to 360,000. It’s the lowest number in the last 16 months. The number of repeated claims also fell by 126,000 to 3.2 million.
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The Forecast
2023.07.04
Yesterday, at the Fed meeting, it was announced that the regulator would be reducing the stimulus program (QE) during the next 3 quarters.
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The Forecast
2023.07.04
Last week the number of new jobless claims was 375,000 (previous - 387,000) in the US, in line with economists' forecasts. The labor market is slowly recovering.
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