U.S. DOLLAR ANALYSIS Stout US economy may extend appetite for future rate hikes. Fed expected to hold rates at current levels. Bearish divergence suggests short-term dollar weakness to come. Recommended by Warren Venketas Get Your Free USD Forecast DOLLAR INDEX FUNDAMENTAL FACTORS The US dollar had a rollercoaster of a week with beginning with mixed
The market is 50/50 on whether the Federal Reserve is done with rate hikes this year but we’re very likely close to the peak. With that, eyes are on bonds and what might be a rare opportunity to get 4.5% in 10-year notes. Is it time to buy? Today, Deutsche Bank notes that history suggests
Share: The EUR/USD couldn’t extend recovery motivation after getting knocked back by Lagarde. Friday rebound facing downside pressure as US Dollar maintains strength. Next week sees market movers on the cards with EU inflation figures, FOMC. The EUR/USD is set to close out Friday’s trading on the back foot, testing the week’s lows
USD/JPY Analysis USD/JPY edges higher after uptick in US CPI reinforces ‘higher for longer’ narrative Fed forecasts in focus as markets look for confirmation on peak rates and CPI forecasts IG client sentiment hints at bullish fatigue as recent positioning data reveals a change in course The analysis in this article makes use of chart
Share: In the view of economists at ING, EUR/USD sensitivity to the Dollar leg and – by extension – US activity data should be even higher at this point. Driven even more by the Dollar after dovish ECB hike We think that at this stage EUR/USD will revert to being even more driven
US Dollar Scenarios Ahead of FOMC – Talking Points: The US dollar’s short-term uptrend remains intact ahead of the FOMC meeting. The Fed is highly likely to keep rates unchanged next week. The Statement of Economic Projection could be particular interest. How is the greenback likely to react? Recommended by Manish Jaradi Traits of Successful
GOLD PRICE FORECAST Gold prices lack directional conviction as the U.S. dollar charges toward multi-month highs. Precious metals retain a somewhat bearish outlook from a fundamental standpoint. This article looks at XAU/USD’s key technical levels to watch in the coming days. Most Read: US Dollar Setups: USD/CAD, USD/JPY, and AUD/USD; Major Tech Levels Identified Gold
Share: Gold price remains sideways as the market awaits US inflation data for further action. The US Dollar corrects marginally, while the broader bias remains bullish due to US economic resilience. Fed policymakers are expected to maintain the status quo on September 20 as US inflation is falling and the economy is better
The amount of wealth in the United States is truly staggering, something the Q2 Fed household net worth underscores. Real estate values rose by $2.5 trillion in Q2 Stock market values rose by $2.6 trillion in Q2 Total non-financial debt rose at 6.3% annualized rate in Q2 Fed govt debt rose at 12.7% annualized rate
Share: Silver price volatility compresses near $23.00 while the US Dollar remains subdued. Investors turn baffled between rising hopes of the Federal Reserve’s (Fed) soft landing and resilient US dollar. Silver price consolidates below the 61.8% Fibonacci retracement at $23.30. Silver price (XAG/USD) demonstrates a volatility squeeze near the crucial support of $23.00,
