2023 will be bullish for the USD.
I'll be updating this thread.
I'll be updating this thread.
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Hello Traders.During Yesterday Fed FOMC Interest Rate Projections:
The FOMC surprised with higher rates.
Fed hiked interest rate to 4.5% from 4.0% in Sep.
Fed's median view of terminal rate for 2023 is 5.1% vs 4.6% is Sep.
Fed sees PCE inflation in 2023 3.1% vs 2.8% in Sep.
Fed sees core PCE inflation in 2023 3.5% vs 3.1% in Sep.
Fed sees US GDP growing in 2023 0.5% vs 1.2% in Sep.
Fed sees year-end US jobless rate in 2023 4.6% vs 4.4% is Sep.
Powell was hawkish during the Press Conference:
Said:
*Inflationary risks are skewed to the upside.
*I can't promise that we won't raise our peak rate estimate at a future meeting.
*There are no rate cuts in SEP in 2023.
*Failure to raise rates sufficiently would cause the most pain.
With all the above was said, a strong USD will manifest everytime the US. Maco-economic Data will surprise to upside the market expectations.
Stay tunded , i'll update !
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MUFG Bank: "MUFG: "The main trigger for the renewed US dollar sell-off was the release of the much weaker than expected ISM services survey on Friday that signalled a heightened risk of recession in the US. The survey revealed that business confidence in the services sector dropped sharply by 6.9 points to 49.6 in December." Not
Today, the USD is being beaten by Dovish comment from the Fed's Bostic:Fed's Bostic: If the upcoming CPI is consistent with the trends seen in the jobs report, the Fed will have to take 25 more seriously.
Also raising expectation that U.S. Dec CPI and Core CPI will surprise lower during Thursday 12th 2023.
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Triangle formation on İşlem elle kapatılmış
I reste my case for strong USD.Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.