A consolidation of the hawkish pricing can help the US dollar – ING Fed DollarIndex Banks
Chair Jerome Powell in Jackson Hole has been regarded as a pivotal event for markets. However, Powell may not want to shock the markets , economists at ING report.“We see a quite elevated risk that Powell may end up broadly matching the generally hawkish market expectations and avert any significant market shock.”
“We think that markets may find enough reason to push their peak rate pricing a bit closer to the 4.0% mark today and stir away from pricing back more than the current 1-2 rate cuts in 2023, which should ultimately offer some support to the dollar into next weeks’ payrolls release.” “Despite not being our baseline case, the downside risks to the dollar are non-negligible today.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
Why Fed's Powell speech on Friday likely matters less for stocks than a sputtering housing marketInflation, job losses and the cooling housing market are top factors that could drive a U.S. recession, according to Charles Schwab's Kevin Gordon.
続きを読む »
USD/INR Price News: Aims to recapture 80.00 on soaring odds for hawkish Fed PowellThe USD/INR pair is displaying extreme volatile moves in the opening session as investors are paring positions ahead of the Federal Reserve (Fed) chai
続きを読む »
USD/CAD ignores firmer oil price to regain 1.2950 ahead of Fed Chair Powell’s showdownUSD/CAD recovers from weekly low as traders await the key US inflation gauge and Fed Chair Jerome Powell’s speech at the Jackson Hole in early Friday.
続きを読む »
First Mover Asia: A Bear Market Survival Strategy for Crypto Miners; Bitcoin, Ether Prices Remain in Holding PatternCrypto miners may have found a different way to offset some of their losses – selling power back to the grid; bitcoin remained above $21K, as investors await Jerome Powell's comments Friday at a Fed Economic Symposium. Aoyon_A and JPRubin23 report
続きを読む »
US Dollar Index rebounds near 108.50, focus on US Core PCE Inflation, Fed’s PowellUS Dollar Index rebounds near 108.50, focus on US Core PCE Inflation, Fed’s Powell – by anilpanchal7 DollarIndex RiskAppetite Fed Recession Inflation
続きを読む »
Mark Meadows, Sidney Powell Testimony Sought in Georgia Election ProbeThe prosecutor investigating whether Donald Trump and others illegally tried to influence the 2020 election in Georgia is seeking to compel testimony from more allies of the former president, including former chief of staff Mark Meadows and lawyer Sidney Powell.
続きを読む »