Daily Forecast
The Forecast
2023.07.04
The dollar index continues to rise amid positive macroeconomic statistics. The services index, released by The Institute for Supply Management on Wednesday, accelerated growth to 58.7 from 57.7 in Dec...
Read more
The Forecast
2023.07.04
Yesterday, the dollar strengthened amid declining stock prices in the major US stock exchanges due to new coronavirus outbreaks in India and Canada.
Read more
The Forecast
2023.07.04
On Tuesday, the dollar index closed slightly higher. It is continuing to rise amid declining European currencies. The biggest bearish pressure is observed in the euro after the release of the GDP data...
Read more
The Forecast
2023.07.04
The dollar fell to a fresh low against major currencies as the euro led the rally amid improving forecasts on the regional vaccination program.
Read more
The Forecast
2023.07.04
Initial jobless claims in the US unexpectedly increased last week.
Read more
The Forecast
2023.07.04
The US President Joe Biden supported Jerome Powell for a second four-year term as the US Federal Reserve chairman.
Read more
The Forecast
2023.07.04
On Monday, the dollar was trading near a one-month low against most other major currencies.
Read more
The Forecast
2023.07.04
Yesterday, the Federal Reserve Bank of San Francisco President Mary Daly said that the US economy is still far from “substantial progress,” meeting the central bank's 2% inflation target and the Fed's...
Read more
The Forecast
2023.07.04
Federal Reserve Chairman Jerome Powell says that the US economy is still very far from reaching maximum employment.
Read more
The Forecast
2023.07.04
FOMC member Williams said yesterday that Fed officials would gather additional data before the November meeting and make a decision on cutting the QE.
Read more