What is ahead: how big America spends

Expert market comment made by Chief Market Analyst Alex Kuptsikevich of the FxPro Analyst Team: What is ahead: how big America spends
FxPro | 143 gün önce

What is ahead: how big America spends

The highlight of the last full week of June will be Jerome Powell's testimony before Congress. Investors would like to hear more details about the state of the US economy and the outlook for monetary policy. However, the central bank does not know how and when the armed conflict in the Middle East will end, where Donald Trump's tariffs will stop, or how they will affect inflation. The Fed is moving in the shadows and markets need to get used to this.

A package of macro statistics in the form of data on business activity, orders for durable goods, the trade balance and the personal consumption expenditure index will help clarify the situation with the US economy. During the holiday season, low trading volumes could trigger serious fluctuations in US stock indices. This will affect other financial markets.

As the 90-day tariff delay expires, trade risks will increase. In theory this should put pressure on the US dollar. However, it is doubtful that the Israel-Iran conflict will end quickly. Geopolitics is supporting the USD index.

By the FxPro Analyst Team

FxPro
Tür: NDD
Düzenleme: FCA (UK), SCB (The Bahamas)
read more
USD/JPY Climbs to Fresh Nine-Month High

USD/JPY Climbs to Fresh Nine-Month High

The USD/JPY pair advanced to 154.36 on Tuesday, edging closer to a new ten-month peak. The rally was driven by growing market optimism that the protracted US government shutdown may soon conclude, dampening demand for traditional safe-haven assets like the Japanese yen.
RoboForex | 3s 17 dakika önce
Markets Calm as Shutdown Nears End | 11th November 2025

Markets Calm as Shutdown Nears End | 11th November 2025

Global markets steadied as optimism grew over a potential U.S. government shutdown resolution. The USD gained modestly, boosting commodity-linked currencies while Gold and Silver extended gains on Fed rate cut expectations. Oil held near recent highs, and risk sentiment recovered cautiously amid improving fiscal outlook and softer U.S. data.
Moneta Markets | 4s 2 dakika önce