Daily Forecast
The Forecast
2023.07.04
The euro has fallen below parity. The dollar is rising amid growing concerns that higher interest rates in the US and Europe, aimed at curbing inflation, will weaken the global economy.
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The Forecast
2023.07.04
The US dollar pulled back from a high after weak S&P Global PMI data, which temporarily strengthened currencies such as the euro and the pound.
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The Forecast
2023.07.04
According to the US Commodity Futures Trading Commission, net long positions in the US dollar are rising.
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The Forecast
2023.07.04
The US dollar index hit a three-week high on Thursday as Fed officials spoke again of a 0.75% rate hike in September.
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The Forecast
2023.07.04
Minutes from the Federal Reserve's July meeting indicate policymakers are concerned about excessive tightening.
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The Forecast
2023.07.04
The US dollar was virtually unchanged against a basket of major currencies on Tuesday as traders await the release of the FOMC minutes.
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The Forecast
2023.07.04
Economists are betting on a rise in the European currency due to a reduction in the interest rate differential between the ECB and the US Federal Reserve.
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The Forecast
2023.07.04
The Bank of England began a historic intervention to stabilize the economy. The Canadian economy continues to grow despite inflationary pressures and high rates.
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The Forecast
2023.07.04
ECB plans to raise interest rates despite falling inflation aggressively.
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