The Federal Reserve (Fed) is on a hiatus for the time being, as the blackout period ahead of next week's FOMC meeting has begun. Nevertheless, there still could see some movement in the US Dollar (USD) before the weekend, Commerzbank FX strategist Antje Praefcke notes.
“After the last inflation figures for June, which surprised to the downside, the market once again reinforced its rate cut expectations for the Fed. A first move in September is now almost fully priced in, and the market also sees a good chance of two more cuts before the end of the year. September would be the better occasion for a first rate cut, as it could back them up with the corresponding forecasts.”
“The growth figures for the second quarter tomorrow are an indication of how resilient the US economy continues to be. The second quarter should be even better than the first. The PCE index, the Fed's preferred measure of inflation, will be published on Friday. However, thanks to the inflation figures already published for, this contains little new information.”
“If the data confirms the market's view that a rapid rate-cutting cycle is on the cards in the coming months, I expect a minor reaction in the USD. However, I would expect a stronger movement if the data cast doubt on market expectations. Because then the market would have to adjust them and the USD could rise a little further towards 1.08.”
© 2000-2024. Sva prava zaštićena.
Sajt je vlasništvo kompanije Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
Svi podaci koji se nalaze na sajtu ne predstavljaju osnovu za donošenje investicionih odluka, već su informativnog karaktera.
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.
Izvršenje trgovinskih operacija sa finansijskim instrumentima upotrebom marginalne trgovine pruža velike mogućnosti i omogućava investitorima ostvarivanje visokih prihoda. Međutim, takav vid trgovine povezan je sa potencijalno visokim nivoom rizika od gubitka sredstava. Проведение торговых операций на финанcовых рынках c маржинальными финанcовыми инcтрументами открывает широкие возможноcти, и позволяет инвеcторам, готовым пойти на риcк, получать выcокую прибыль, но при этом неcет в cебе потенциально выcокий уровень риcка получения убытков. Iz tog razloga je pre započinjanja trgovine potrebno odlučiti o izboru odgovarajuće investicione strategije, uzimajući u obzir raspoložive resurse.
Upotreba informacija: U slučaju potpunog ili delimičnog preuzimanja i daljeg korišćenja materijala koji se nalazi na sajtu, potrebno je navesti link odgovarajuće stranice na sajtu kompanije TeleTrade-a kao izvora informacija. Upotreba materijala na internetu mora biti praćena hiper linkom do web stranice teletrade.org. Automatski uvoz materijala i informacija sa stranice je zabranjen.
Ako imate bilo kakvih pitanja, obratite nam se pr@teletrade.global.