Daily Forecast
The Forecast
2023.07.04
The number of new jobless claims in the US was 185,000, while analysts expected 170,000. The ECB left monetary policy unchanged. Today is "Good Friday," and most financial capitals will be closed.
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The Forecast
2023.07.04
The growth of yields on US government bonds stopped, which led to a decrease in the dollar index and, consequently, to the growth of major currencies against the dollar.
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The Forecast
2023.07.04
The inflation rate in the US increased to 8.5%, the highest level since December 1981. The dollar index continued to rise amid expectations of a more aggressive tightening by the Fed.
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The Forecast
2023.07.04
US bond yields are rising as investors continue to evaluate the Fed's more hawkish stance. As bond yields rise, so does the dollar index, negatively affecting other currencies trading against the doll...
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The Forecast
2023.07.04
Rising US government bond yields are strengthening the dollar index, leading to a significant increase in USD/JPY quotes amid the ultra-soft policy of the Bank of Japan.
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The Forecast
2023.07.04
The ECB is once again showing inconsistency in terms of monetary policy. The dollar index continued to rise amid strong labor market indicators in the US.
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The Forecast
2023.07.04
March FOMC minutes showed that the US Federal Reserve had made significant progress. The committee is well-positioned to start reducing the balance sheet after its meeting in May.
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The Forecast
2023.07.04
US Treasury bond yields rose sharply yesterday, hitting a nearly three-year high on the back of hawkish statements from Fed officials. This led to an increase in the dollar index and a decrease in maj...
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The Forecast
2023.07.04
The dollar index remains strong on the back of a projected 0.5% interest rate hike at the June and July Fed meetings.
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The Forecast
2023.07.04
On Monday, the dollar index resumed growth amid increasing prospects for new sanctions against Russia, which are likely to affect the energy embargo and Russian President Vladimir Putin personally.
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