US inflation data and FOMC minutes might provide momentum for the Dollar today, Esther Reichelt, FX Analyst at Commerzbank, reports.
“The higher inflation will be, the stronger arguments in favour of a further rate hike would be. Strong inflation data today should therefore support the Dollar accordingly, as a further rate hike is increasingly being priced in by the market but not completely yet. I would be surprised though if the inflation data would cause EUR/USD to break out of its 1.08-1.10 range today.”
“Whereas the Fed sees no scope for rate hikes this year the market expects lower Fed rates as early as the second half of the year presumably to counteract an excessive tightening of financing conditions. As today’s inflation rates are unlikely to affect this view any USD rally is likely to end early.”
“We do not assume that the discrepancy between Fed and market expectations will end today or in the near future. However, while it remains in place this results in significant risks for the Dollar. As our economists do not expect a rate cut for this year either we see potential for a setback in EUR/USD in principle.”
See – US CPI: Banks Preview, inflation softening, good news on the horizon?
© 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.