Dollar: path of least resistance. Forecast as of 06.02.2023
2023.02.06 2023.02.06 Dollar: path of least resistance. Forecast as of 06.02.2023 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The US jobs report did more good for the US dollar than Jerome Powell’s speech. The markets can still resist the Fed, but not the fact that USD’s old advantages can start working again. Let’s discuss this topic and make up a trading plan […]
USD to be on a choppy path amid unresolved uncertainties – HSBC
The US Dollar will likely weaken anew when uncertainties about the Fed, the US economy’s landing and China’s recovery resolve, in the view of economists at HSBC. Gap between the Fed’s guidance and the market’s less hawkish perspective remains in place “We think the path of the USD is likely to remain choppy in the […]
50bp hike next week has been well-communicated, focus will be on the path thereafter – Rabobank
The Federal Reserve, the Bank of England and the European Central Bank (ECB) will have their policy meetings next week. Market participants expect a 50 basis points rate hikes and to signal it will continue raising rates. Analysts at Rabobank, point out that a 50bp rate hike is all but a given for next week. […]
Netflix Earnings Mixed, Don’t Offer Nasdaq 100 and Tech a Clear Path to Recovery
Netflix, Earnings, FAANG, Tech and Nasdaq 100 Talking Points: The Market Perspective: Nasdaq 100 Range from 11,600 to 10,600 Netflix reported an EPS of $0.12 versus $0.42 expected on revenue that was very close to matching analyst forecasts with $8.17 billion The ability for this company’s performance to influence a broader earnings season swell – […]
Seeing path to soft landing for US economy
US Treasury Secretary Janet Yellen told the NPR on Friday that inflation has been quite moderate for the last six months but noted that rent indexes were still rising. Yellen further added that she was expecting rent indexes to come down substantially in next six months and said that she sees a path to loft […]
Dollar wobbles as U.S. inflation fuels hopes of slower Fed rate path By Reuters
© Reuters. FILE PHOTO: U.S. Dollar banknotes are seen in this illustration taken July 17, 2022. REUTERS/Dado Ruvic/Illustration By Ankur Banerjee SINGAPORE (Reuters) – The U.S. dollar swayed on Friday, flirting with seven-month lows after a sharp dive overnight as data showed U.S. inflation was slowing, boosting hopes of the Federal Reserve taking its foot […]
Dollar slips lower; Fed interest rate path, China’s reopening in focus By Investing.com
© Reuters. By Peter Nurse Investing.com – The U.S. dollar weakened in early European trade Monday, as traders reassessed the path of U.S. rate hikes in the wake of last week’s jobs report while risk appetite benefited from China reopening its borders. At 03:05 ET (08:05 GMT), the , which tracks the greenback against a […]