Wednesday, June 3, 2020
Home > Dollar
US dollar | EconAlerts

Dollar depreciation remains elusive even as the Fed prepares to lower rate path prediction

Following the Federal Reserve’s dovish pivot in January, there is a lot of anticipation for the next FOMC meeting on March 19-20 when policymakers will publish their latest economic projections, including a revised dot plot chart. But as the Fed becomes increasingly at ease with its newly-adopted wait-and-see approach, the

Read More

Technical Analysis – Dollar reverses up in sideways channel

Dollar index reverses up in sideways channel; neutral in the medium term. The dollar index found strong resistance around the 97.20 level, driving the price lower. Currently, the price has been developing in a sideways channel over the past five months with upper boundary the 97.50 resistance and lower boundary the 94.60 support.

Read More

The trade ‘truce’, the Fed’s possible pause and May’s Brexit woes

Markets unconvinced by Trump-Xi trade rapprochement A major theme for global markets and the global economy is the uncertainty caused by the frictions between the United States and China. It was therefore an initially positive piece of news that the two countries would restart a new round of negotiations that would

Read More