US Dollar Forecast: Bullish momentum wanes on mixed signs from US economy
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#b9c27144 ver:0.94
The US dollar strengthens against a basket of peers, reaching its highest level this year. Traders are pricing in one rate cut in 2024, while the Fed signals eventual reductions in borrowing costs. Oil prices fall amid hopes of a ceasefire in the Middle East and rising crude inventories. FX strategists predict the dollar will continue to strengthen if central bank policies diverge. The US economy sees substantial progress, but inflation remains high and uncertain. Nonfarm payrolls figures will provide additional guidance. The USD experiences a marked pullback, retreating to three-week lows. #USD #economy #inflation #oil #FX #Fed...
#newstr #UsDollar #FederalReserve #TreasuryYields #S&p500Futures #OilPrices #GoldPrices #Inflation #BorrowingCosts #ForexMarkets #JayPowell #RateHike #JobsData #FomcMeeting #InterestRates #FxStrategists #Greenback #EuropeanCentralBank #BankOfEngland #JapaneseYen #BankOfJapan
https://here.news/story/b9c27144?ver=0.94
US Dollar Forecast: Focus Shifts from Risk Rally to the Fed, NFP /
npub12z…e8pry
2024-05-03 15:54:25
Author Public Key
npub12zxvvg9lj9wgdmv62y09kun8scpnp9qkqdk2v73kj377c829v2mqqe8pryPublished at
2024-05-03 15:54:25Event JSON
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"content": "US Dollar Forecast: Bullish momentum wanes on mixed signs from US economy\n===============\t\n#b9c27144 ver:0.94\n\nThe US dollar strengthens against a basket of peers, reaching its highest level this year. Traders are pricing in one rate cut in 2024, while the Fed signals eventual reductions in borrowing costs. Oil prices fall amid hopes of a ceasefire in the Middle East and rising crude inventories. FX strategists predict the dollar will continue to strengthen if central bank policies diverge. The US economy sees substantial progress, but inflation remains high and uncertain. Nonfarm payrolls figures will provide additional guidance. The USD experiences a marked pullback, retreating to three-week lows. #USD #economy #inflation #oil #FX #Fed...\n\n#newstr #UsDollar #FederalReserve #TreasuryYields #S\u0026p500Futures #OilPrices #GoldPrices #Inflation #BorrowingCosts #ForexMarkets #JayPowell #RateHike #JobsData #FomcMeeting #InterestRates #FxStrategists #Greenback #EuropeanCentralBank #BankOfEngland #JapaneseYen #BankOfJapan \n\n https://here.news/story/b9c27144?ver=0.94",
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