Deutsche Bank says there’s a 90% chance of recession. But, without one, S&P 500 can get to 5,000.
One of Wall Street’s most pessimistic banks is conceding that the economic outlook has improved. But Deutsche Bank, in a new update of its house view, still says there’s a 90% chance of a U.S. recession this year. It says that while there’s evidence inflation has peaked, it’s still well above central-bank targets and likely […]
Euro underestimated its rival. Forecast as of 07.02.2023
2023.02.07 2023.02.07 Euro underestimated its rival. Forecast as of 07.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The underestimation of the Fed’s monetary restriction and the US economy cost EURUSD dearly. The rising chances of a federal funds rate hike to 5.25% or more allowed the bears to strengthen. Let’s discuss this topic and make up a trading plan. Weekly Euro fundamental […]
Why the 2023 stock market rally may depend on further U.S. dollar weakness
The U.S. dollar may be losing its appeal as one of the few reliable safe-haven assets in times of economic and geopolitical uncertainty after an 18 month rally, but a further fall by the currency could fuel a 2023 stock-market rally, market analysts said.The ICE U.S. Dollar Index DXY, +1.22% fell to a nine-month low […]
Euro Hits New High as US Dollar Collapses in Fed Aftermath. Where to for EUR/USD?
Euro, EUR/USD, US Dollar, GBP/USD, ECB, BoE, AUD/USD, Crude Oil – Talking Points Euro support continues as US Dollar IS undermined by dovish perceptions The Fed hiked rates but Fed Chair Powell’s comments juiced up markets If the ECB hike as anticipated, will EUR/USD turn around? Recommended by Daniel McCarthy Get Your Free EUR Forecast […]
Euro: don’t believe everything you see. Forecast as of 03.02.2023
2023.02.03 2023.02.03 Euro: don’t believe everything you see. Forecast as of 03.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ No matter how much Christine Lagarde tried to convince investors of the ECB’s determination, the markets did not listen to her much. They drew attention to the accompanying statement, which caused a EURUSD correction. Let’s discuss this topic and make up a trading […]
Euro got green light. Forecast as of 02.02.2023
2023.02.02 2023.02.02 Euro got green light. Forecast as of 02.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The markets expected Jerome Powell to act hawkish, but saw only an indifferent person. As a result, the madness in the US stock market brought EURUSD above 1.1. Let’s discuss this topic and make up a trading plan. Monthly Euro fundamental forecast Madness. This is when […]
Dollar declines, euro rises. Forecast as of 01.02.2023
2023.02.01 2023.02.01 Dollar declines, euro rises. Forecast as of 01.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Due to the later lifting of COVID-19 restrictions, the eurozone lagged behind the US in economic growth in 2021, but in 2022 it caught up with its counterpart. The same applies to the monetary policy of the Fed and the ECB. How does its […]
U.S. dollar slips against euro ahead of Fed rate decision By Reuters
© Reuters. FILE PHOTO: Woman holds U.S. dollar banknotes in this illustration taken May 30, 2022. REUTERS/Dado Ruvic/Illustration/File Photo By Joice Alves and Ankur Banerjee LONDON/SINGAPORE (Reuters) – The dollar edged lower against the euro on Wednesday ahead of an eagerly-awaited Federal Reserve policy decision with investors hoping the U.S. central bank will signal the […]
Euro Steadies Ahead of Crucial Fed and ECB Meetings This Week. Higher EUR/USD?
Euro, EUR/USD, US Dollar, Fed, ECB, China PMI, AUD/USD. Crude Oil – Talking Points Euro support eased as markets look toward rate changes this week. A strong Chinese PMI wasn’t enough to overcome weak local data for the Aussie The Fed, ECB and BoE are in the box seat this week. Where will EUR/USD end […]
Euro is about to make a bold move. Forecast as of 30.01.2023
2023.01.30 2023.01.30 Euro is about to make a bold move. Forecast as of 30.01.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The inability of EURUSD to break out the level above 1.09 indicates that many bullish factors have already been taken into account. Investors think that the ECB is unable to surprise them, which increases the correction possibility. Will Christine Lagarde […]