- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- USD: Recent correction lower is likely to prove temporary – MUFG
USD: Recent correction lower is likely to prove temporary – MUFG
Some of the shine has been taken of the strong US dollar but case for more sustained and deeper sell off is not yet compelling, explained analysts at MUFG Bank. They consider that global growth fears are supportive for the greenback. They added the Federal Reserve policy pivot is not yet sufficiently dovish.
Key Quotes:
“The USD has clearly lost some of its shine in recent weeks. The pullback for US yields and tentative improvement in global investor risk sentiment have both weighed on the US dollar alongside intensified US recession risks. It leaves the USD vulnerable to further near-term weakness. However, we are still not convinced that the broad-based USD sell-off will be sustained beyond the near-term. The Fed’s policy shift is not sufficiently dovish enough which when combined with global slowdown/recession fears that are set to intensify further, we believe the recent correction lower the USD is likely to prove temporary. One exception is USD/JPY where we are more confident that the USD could have already peaked against the JPY.”
“Recession fears and the accompanying drop in US yields has triggered an abrupt correction lower for USD/JPY over the last couple of days with the pair falling by around 5 big figures as it moves further below last month’s year to date high of 139.39. Recent developments have made us more confident that USD/JPY could have already peaked alongside long-term US rates. Market expectations for policy divergence between the Fed and BoJ are now starting to narrow as the US rate market looks ahead and prices in more rate cuts into next year.”
© 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.
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.
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
