USD: Dollar continues to drift lower – ING
21.08.2024, 08:59

USD: Dollar continues to drift lower – ING

Tuesday saw another day of US Dollar (USD) selling. Short-dated US rates came off – perhaps as speculation grew over today's release of benchmark revisions to US jobs data, ING’s FX strategist Chris Turned notes.

DXY might just fall to the 101.00 level

“The Bureau of Labour Statistics will today release revisions, using more accurate tax records, for employment growth in the year to March 2024. Some estimate that it could result in job gains during that period being cut by anywhere between 500,000 and 1,000,000. If so, the Federal Reserve might have seen the jobs market as overly tight during that period and perhaps might now be underestimating the amount of slack that is about to emerge as the economy cools. This data is released at 1600CET and presents a downside risk to the USD.” 

“Later in the day, the Fed releases the minutes of the FOMC meeting on 31 July. Recall this was the meeting when the Fed shifted its focus to its dual mandate. Perhaps we can expect to hear a discussion in the minutes of how the Fed was increasingly comfortable on the inflation side and a little uncomfortable on the employment side.” 

“The DXY sell-off is starting to pick up a little momentum as traders look to jump on possibly an important new market trend. Let's see how it performs around the 101.00 level.”

© 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.

Politika sprečavanja pranja novca

Upozorenje o rizicima

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.

Politika poverenja

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.

Банковни
транcфери
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik