- Analiza
- Novosti i instrumenti
- Vesti sa tržišta
- EURUSD will be exposed to 1.01-1.02 on softer Core CPI print – TDS
EURUSD will be exposed to 1.01-1.02 on softer Core CPI print – TDS
The US inflation data is due out today. A softer month-over-month core print will exacerbate positioning which has moved to swiftly reduce USD longs recently and support risk. That risks testing key levels in EURUSD and USDJPY, economists at TD Securities report.
Modest Core CPI relief
“We are looking for core prices to have stayed strong on a MoM basis despite our expectation of slowing vs September. Indeed, we forecast a still solid 0.4% MoM gain in the core CPI series. In terms of the headline, we expect inflation to register its largest MoM increase in four months at 0.6%. Our MoM projections imply that headline and core CPI inflation likely lost speed on a YoY basis in October.”
“A softer monthly core CPI print will likely exacerbate risk-on sentiment that a terminal rate at or above 5% may be enough to curtail the worst inflation in decades. This is likely to extend FX positioning which has aggressively moved to reduce USD longs by our estimates.”
“We think there is a risk that even a positive surprise on CPI could trigger a positioning squeeze though the sustainability of that could be questioned.”
“We think USDJPY would risk a test of 143.75 if our core CPI print is realized, while EURUSD will be exposed to 1.01-1.02.”
See – US CPI Preview: Forecasts from 13 major banks, inflation coming down only slowly
© 2000-2025. 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
