Market news
19.10.2023, 09:31

Dollar will hold gains in a sell-off in equity markets – ING

Equities are under pressure. Economists at ING analyze FX correlations with stock performance. 

Equity markets are looking increasingly vulnerable

Equity markets are looking increasingly vulnerable as the risk-free rate rises and as businesses are finding their margins under pressure.

A turn lower in core equity markets would like to keep the activity currencies under pressure and the Dollar bid.

A risk-off tone should keep the US Dollar Index (DXY) bid towards the top of its 106-107 range.

See: EUR/USD to pressure support at 1.0500 – ING

© 2000-2024. All rights reserved.

This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Bank
transfers
Feedback
Live Chat E-mail
Up
Choose your language / location