Daily Forecast
The Forecast
2023.07.04
The dollar index is trading at a 20-year high. Investors' focus remains on tomorrow's Fed interest rate meeting, where policymakers are likely to raise rates by 0.5% for the first time in 20 years.
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The Forecast
2023.07.04
The US dollar increased sharply in April, rising by 4.6%, the largest monthly percentage gain since January 2015. This increase was due to the beginning of a cycle of aggressive rate hikes by the Fed...
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The Forecast
2023.07.04
On Monday, the US dollar reached a two-year high as investors bought the dollar as a reserve currency due to ongoing uncertainty in global financial markets.
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The Forecast
2023.07.04
Following speeches by Fed Chairman Jerome Powell late last week, analysts are now predicting an almost 100% chance of a double interest rate hike in May, June, and July. This is a positive factor for...
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The Forecast
2023.07.04
The dollar has jumped to its highest level since the pandemic began.
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The Forecast
2023.07.04
Concerns about slowing economic growth in China and expectations of an aggressive rate hike by the Federal Reserve are raising demand for the dollar.
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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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