NEWS: The Dollar Index (DXY)

Mar 18 at 06:45
160 Görüntüleme
1 Replies
Feb 24, 2024 zamanından beri üye   1 iletiler
Mar 18 at 06:45

Dollar Index Holds Steady Ahead of Fed's Policy Decision
1. Dollar Index Stability:
• The dollar index remains stable at around 103.5 on Monday.
• Investors await the Federal Reserve's policy decision expected later in the week.

2. Impact of US Inflation Data:
• Last week, the dollar index gained 0.7% due to hotter-than-anticipated US inflation data.
• Concerns arise that the Fed might maintain rates at restrictive levels for a prolonged period.

3. Surge in US Producer Prices:
• US producer prices surged beyond expectations in February, both monthly and annually.
• Earlier data in the week also showed US consumer prices coming in hotter-than-anticipated.

4. Market Sentiment on Fed Rate Cut Expectations:
• Market now predicts around a 55% chance of a Fed rate cut in June, significantly lower than the nearly 80% seen earlier this month.

5. Global Monetary Policy Decisions and Economic Data:
• Central banks in Japan, Australia, and the United Kingdom are also expected to decide on monetary policy this week.
• Additionally, inflation and PMI figures will be released for major economies.


I hope you guys like it. If yes kindly drop a comment. It'll motivate me alot. Thanks😇
Feb 20, 2020 zamanından beri üye   8 iletiler
Mar 31 at 11:36
My view is market trends will Change when policy changes.

Its still inflationary policy and extrem goverment spending.

a weaker currency means asset prices up, you need more currency to buy the same asset (higher prices), because that currency becomes less valuable.

This is why US indicies are keep making all time highs for months now.

This is no accident, this is the FEDs try for a Soft Landing. Keeping some Inflation to keep assets up and maybe even cutting rates later on too.

For Trends to Change and markets to drop, you need true disinflation or Deflation. China would be the perfect example.

So the key is looking out for an actuall change in policy and goverment spending.
Giriş yap / Kayıt Ol to comment
You must be connected to Myfxbook in order to leave a comment
*Ticari kullanım ve istenmeyen e-postalara müsamaha gösterilmez ve hesabın feshedilmesine neden olabilir.
İpucu: Bir resim/youtube urlsi yayınlamak, onu otomatik olarak gönderinize gömer!
İpucu: Bu tartışmaya katılan bir kullanıcı adını otomatik olarak tamamlamak için @ işaretini yazın.