Since the beginning of this week, the USD has seen some buying interest return.
Last week’s US employment statistics showed weaker-than-expected unemployment rates and job numbers, causing the USD to weaken alongside a drop in US bond yields. However, at the start of this week, with no specific catalysts in sight, a correction seems to be taking place. The depth of this correction varies among different currency pairs. EUR/USD […]
A strategist from a major US securities firm is advising clients to unwind their long positions in the US dollar.
They suggest that the factors supporting a stronger dollar have already been largely priced in, and there is a high likelihood that further upside potential is limited. The outlook for the dollar has shifted from “bullish” to “neutral,” and investors seem to be already prepared for outperformance in US economic indicators. Furthermore, they point out […]
Powell: Final interest rate levels likely to be higher than previously expected
Powell: Final interest rate levels likely to be higher than previously expected With this remark, the situation where USD buying is on fire. From here, I went to buy USDJPY earlier.
The dollar index is strong, this week’s series of US indicators are strong, and today’s US PPI, etc.
The dollar market is generally strong this week. Since the beginning of February, the dollar index has shown a golden cross (10-day line above 21 line) at the 10 + 21-day moving average line. Gradually, the 10-day line is being recognized as a support level. In terms of material, the fact that a series of […]
USD short
The minus of yesterday’s EURUSD purchase was large, and this week’s balance is still in the negative zone, but today we were able to reduce the negative range considerably. Ahead of tomorrow’s FOMC meeting, the US dollar is starting to move significantly, but the aim is to continue to sell the US dollar.
dollar index raised its level and temporarily rose to around 102.419 on the 102.4 level.
As US bond yields rose in London, the dollar index raised its level and temporarily rose to around 102.419 on the 102.4 level. While watching the movement of US Treasury yields, if it seems to stop rising, we would like to start selling the USD.
In the November FOMC summary, the majority argued that rate hikes would slow down soon.
The US Federal Reserve Board (FRB) released the minutes of the US Federal Open Market Committee (FOMC) held on the 1st and 2nd on the 23rd. While many were skeptical that high inflation would end, the majority argued that a slowdown in the pace of rate hikes would likely be appropriate in the near future. […]
Conscious of strong USD trend
In the market at the beginning of the week, USD-buying is generally dominant. The USD/yen has crossed the mid-140 yen level. However, there is also a somewhat cautious stance on buying from here. Fed President Bullard’s hawkish remarks last Thursday took a step back from widespread market expectations of a correction in the rate hike […]
Awaiting the results of the US FOMC, the market is set in neutral
Today, the results of the US FOMC meeting in November will finally be announced. The market consensus is that the rate hike will be 75 basis points. The market is focused on the size of the rate hike in December and the pace of future rate hikes. The market is likely to react sensitively to […]
Ahead of the weekend, dollar-buying will take a breather, today’s speech by Governor Birkin
Dollar buying pressure has prevailed this week. From the beginning of August, strong US employment data, slowing growth in the inflation rate and many volatile factors emerged. Still, there is no change in the aggressive stance of US Fed officials to raise interest rates ahead of the next FOMC meeting in September. In the US […]