Krado_KO

DXY INCREASE

Krado_KO Updated   
TVC:DXY   U.S. Dollar Index
⚡️Strong US data underpins soft landing concerns, allowing Fed hawks to defend “higher for longer” bias for rates.
⚡️China woes, Fed Beige Book concerns also keep DXY buyers hopeful via firmer yields.
⚡️Multiple Fed speakers in the line for observation, risk catalysts also eyed for fresh impulse.
⚡️Firmer US inflation expectations, according to 10-year and 5-year breakeven inflation rates from St. Louis (FRED), also supports the hawkish views of the Fed and the bullish bias of the US Dollar
⚡️Together with the USD recovery has pushed the main trend of gold down in recent days
Comment:
⚡️The market becomes more active when the American session begins
Comment:
What do you think about DXY this coming week?
Trade active
Comment:
⚡️The US is facing the risk of second round inflation, leaving the Fed open to raising interest rates, putting further pressure on the exchange rate
Comment:
⚡️The Fed will make another rate hike or more before the end of the year, in an effort to bring inflation to its annual target of 2%.
Trade active
Trade active
Trade active
Comment:
⚡️Strong US data underpins soft landing concerns, allowing Fed hawks to defend “higher for longer” bias for rates
Comment:
⚡️Give me your opinion on this analysis, thank you very much.
Trade active
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.