DXY: Await presidential inauguration – OCBC
20.01.2025, 13:46

DXY: Await presidential inauguration – OCBC

US Dollar (USD) started the week on a slightly softer footing ahead of US holiday (Martin L. King Day) and Presidential inauguration today. Trump had promised to sign a host of executive orders on his 1st day as President. DXY was last at 108.48 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

Consolidation likely for now

"At a preinauguration rally hours ago, he told the crowd he “will act with historic speed and strength and fix every single crisis”. Trump promised executive orders that will ramp up artificial intelligence, form the Department of Government Efficiency (DOGE), etc. Media reports indicated Trump may issue more than 200 executive actions on Monday. There remains quite a fair bit of expectations that tariffs may soon be announced."

"But we believe tariff uncertainty remains in terms of timing, magnitude and scope of products. A longer delay for tariff announcement may provide a breather for risk proxies, and we do not rule out USD pullback (lower). That said, a swift order for tariff implementation is likely to undermine sentiments and provide a boost to the USD. Last Friday, President-elect Trump and President Xi had a phone call to discuss trade, TikTok and fentanyl."

"Trump said that that the call was a very good one for both China and the US. Separately over the weekend, Gaza ceasefire took effect. Daily momentum is mild bearish but decline in RSI moderated. Consolidation likely for now as we await event risk (signing of executive orders/ actions). Support at 107.43 (50DMA). Resistance at 110.10, 110.90 levels."


© 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.

Politika sprečavanja pranja novca

Upozorenje o rizicima

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.

Politika poverenja

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
Feedback
Lajv čet E-mail
Povratak na vrh
Izaberi lokaciju / jezik