US Dollar Forecast – Prices, Charts, and Analysis Market traders now see 100bps of US rate cuts next year. Greenback trying to stem further losses. Recommended by Nick Cawley Get Your Free USD Forecast The US dollar is back at lows last seen six weeks ago after last week’s heavy sell-off. US Treasury yields collapsed
Last week’s market reactions underscore the risks associated with central banks discussing data dependence without clarifying their medium-term framework or how they expect policy to impact the real economy. Both stocks and bonds experienced rallies, boosted by the Treasury’s smaller-than-anticipated increase in longer-term debt auctions. However, Treasury yields dove with an eye-popping speed. The move
U.S. Treasury Secretary Janet Yellen will meet with Chinese Vice Premier He Lifeng in San Francisco this week to try to deepen a fledgling economic dialogue between the world’s two largest economies ahead of a U.S.-hosted summit of Pacific Rim leaders. The Treasury said the Nov. 9-10 meetings will also convene the new economic and
AUD/USD ANALYSIS & TALKING POINTS Weaker US dollar propping up AUD after Friday’s NFP. RBA expected to hike rates by 25bps tomorrow. AUD/USD holding above key 0.65 support handle. Elevate your trading skills and gain a competitive edge. Get your hands on the Australian dollar Q4 outlook today for exclusive insights into key market catalysts
Investing.com – The U.S. dollar edged lower in early European trade Monday, falling to a six-week low and extending last week’s declines on the back of a less hawkish stance from the Federal Reserve. At 03:20 ET (08:20 GMT), the Dollar Index, which tracks the greenback against a basket of six other currencies, edged 0.1%
Share: US Dollar consolidates previous week’s losses. Economists at Commerzbank analyze Greenback’s outlook. USD’s upside potential largely exhausted Due to a lack of new information on central bank policy, EUR/USD will tend to trade sideways this week. Based on monetary policy the Dollar’s upside potential is more or less used up and the
The last week was incredible for the Russell 2000 with the index rallying for five consecutive trading days. The bulk of the rally came after the FOMC rate decision where the Fed left interest rates unchanged and Fed Chair Powell delivered less hawkish than expected remarks. The Russell 2000 then extended the gains into the
© Reuters. The continuous devaluation of the Nigerian Naira, which recently peaked at N2,010 per CFA1000, has significantly disrupted cross-border trade and led to record high commodity prices. The situation has been particularly severe for traders dealing in rice and frozen poultry products at the Seme-Krake border in Lagos. The price of a 50kg bag
A look at what is on the board for today USD/JPY: 152.00 (USD amount 1.68bn), 150.00 (USD1bn), 150.50 (USD954mn) EUR/USD: 1.0600 (EUR793mn) USD/CNY: 7.3000 (USD1.69bn), 7.4000 (USD841mn), 7.2500 (USD747mn) AUD/USD: 0.6400 (AUD1.19bn) GBP/USD: 1.2280 (GBP533mn), 1.2375 (GBP307mn) USD/CAD: 1.3850 (USD310mn) NZD/USD: 0.5870 (NZD306mn) For more information on how to use this data, you may refer