Discernible signs of the US economy cooling to hurt the Dollar – Commerzbank
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The Fed left interest rates unchanged for the second meeting in a row. Now everything depends on the data, economists at Commerzbank...
Fed easing cycle to kick off a multi-year Dollar bear trend later this year – ING
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Being bearish on the Dollar is ING’s baseline view. A weaker Dollar can export lower US rates around the world Our baseline...
US Dollar outperforms its rivals as market mood sours
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US Dollar manages to hold its ground against its major rivals. US Dollar Index continues to stretch higher above 104.00 on Tuesday....
Dollar unable to recover more at the moment due to uncertainty surrounding the debt issue – Commerzbank
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On the inflation front, progress is slow. Antje Praefcke, FX Analyst at Commerzbank, believes that the debt ceiling issue is dampening the...
US Dollar still heading toward a depreciation path longer term – Wells Fargo
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Analysts at Wells Fargo point out the US Dollar can trade around current levels during the second quarter, and see it depreciating...
US Dollar to weaken this year, with periods of volatility and bouts of strength – MUFG
The US Dollar Index (DXY) weakened further in January after a sharp sell-off in Q4 last year. Economists at MUFG Bank see a weaker USD...
XAU/USD bulls again turn to bullion after CPI numbers emerge – SocGen
Gold edged higher following Consumer Price Index (CPI) data and is now trading above the $1,800 level, economists at Société Générale report. Gold rises after...
US Dollar to weaken further in 2023 – HSBC
The Federal Open Market Committee (FOMC) voted unanimously to hike by another 50 bps. Economists at HSBC still expect a final 50 bps rate hike by...
Gold is ready for a bullish trend towards 1865.77
The current Gold chart shows a large correction pattern, which takes the form of a cycle triple zigzag. The last section of the chart shows...
US Dollar Index treads water around 109.60 ahead of data
The index alternates gains with losses around 109.60. US markets return to the normal activity after Monday’s holiday. US ISM Non-Manufacturing, Final Services PMI next...