Daily Forecast

The Forecast

2023.07.04
The dollar index is rising as there is a high probability that the US Federal Reserve will raise rates by 75 basis points today for the third consecutive time.
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The Forecast

2023.07.04
The euro continues to trade near parity. The Canadian dollar updated a two-year low against the dollar index.
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The Forecast

2023.07.04
Fears that the continued aggressive tightening of the Fed's policy will lead the world economy into a recession are a major factor in the strengthening of the dollar and the fall of risky assets.
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The Forecast

2023.07.04
The US dollar returned to growth after hawkish comments from US Federal Reserve officials, as well as amid the escalation of the war in Ukraine.
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The Forecast

2023.07.04
Today, the main focus of investors is on non-farm payrolls. Negative data could trigger a drop in the dollar index and a rise in the major basket of currencies.
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The Forecast

2023.07.04
Japan's yen is back to the 145 level. The Canadian dollar is strengthening on the back of OPEC+ production cuts.
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The Forecast

2023.07.04
The dollar index fell nearly 3%, allowing the major basket of currencies to strengthen. The euro returned above parity.
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The Forecast

2023.07.04
Manufacturing activity in Europe is declining. The UK is canceling some of its tax cuts.
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The Forecast

2023.07.04
The dollar index is declining amid expectations of the US election results.
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The Forecast

2023.07.04
Today, the main focus of investors is the US Congressional elections.
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