US Dollar Index: DXY marches towards 102.00 as First Republic woes join hawkish Fed bets – by anilpanchal7 DollarIndex RiskAversion Fed NFP Banks
early hours of Monday. In doing so, the greenback’s gauge versus the six major currencies benefit from the market’s fears surrounding the First Republic bank, as well as the recently upbeat US data, ahead of this week’s Fed meeting and the USA large exodus in the First Republic bank’s deposit caused the share prices to plunge heavily in the last week and pushed the Federal Deposit Insurance Corporation finally took a tough decision to call in bids for the troubled bank.
With this, the CME Group FedWatch Tool suggests higher odds of the Fed’s 0.25% rate hike in May and June, as well as a reduction in the market’s bets on the September rate cut from the US central bank. Against this backdrop, S&P 500 Futures print mild losses even as Wall Street closed positive and the yields eased.
Moving on, US ISM Manufacturing PMI for April may entertain intraday traders of the DXY but major attention will be given to the headlines surrounding the First Republic Bank and the Fed. It’s worth noting that the US jobs report for April is also on the calendar and can entertain the US Dollar Index traders. Above all, the greenback is well set for consolidating the losses made in March and April.A clear upside break of one-month-old descending resistance line, around 101.
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。
EUR/USD Price Analysis: Bears eye 1.0960 as US Dollar cheers pre Fed, ECB anxietyEUR/USD renews intraday low as bears attack the 1.1000 round figures early Monday amid broad US Dollar strength, as well as sluggish markets due to ho
続きを読む »
Weekly Forex Forecast \u2013 NASDAQ 100 Index, EUR/USD, GBP/USD,The difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade each week.
続きを読む »
Wall St ends higher, posts weekly, monthly gains on solid earnings, Fed pause hopes By Reuters*WALL ST ENDS HIGHER, POSTS WEEKLY, MONTHLY GAINS ON SOLID EARNINGS, FED PAUSE HOPES $DIA $SPY $QQQ 🇺🇸🇺🇸
続きを読む »
Stock Market Calm Rekindles Debate Over Fed TighteningEconomic growth has slowed, but inflation remains persistent in key areas, raising concerns that the Fed’s balance-sheet size could force the Fed to take rates even higher.
続きを読む »
Quotes: Fed plans broad revamp of bank oversight in wake of SVB collapseThe Federal Reserve issued a detailed and scathing assessment on Friday of its failure to identify problems and push for fixes at Silicon Valley Bank before the lender's collapse, and promised tougher supervision and stricter rules for banks.
続きを読む »
Analysis: Fed report on SVB collapse could buoy shareholder lawsuitsA scathing Federal Reserve report on the collapse of Silicon Valley Bank released on Friday could be a boon to shareholders suing the defunct lender's executives for allegedly hiding risks that led to its stunning downfall, legal experts said.
続きを読む »