24.06.202213:11 Forex Analysis & Reviews: Markets halt movement ahead of incoming inflation data (expect a local decline in USD/JPY and a consolidation in GBP/USD)

Essas informações são fornecidas a clientes profissionais e de varejo como parte da comunicação de marketing. Elas não contêm e não devem ser interpretadas como consultoria, recomendação de investimento ou uma oferta ou solicitação para se envolver em qualquer transação ou estratégia em instrumentos financeiros. O desempenho passado não é uma garantia ou previsão de desempenho futuro. A Instant Trading EU Ltd. não se responsabiliza pela exatidão ou integridade das informações fornecidas, ou por qualquer perda decorrente de qualquer investimento com base em análises, previsões ou outras informações fornecidas por um funcionário da Empresa, ou de outra forma. O termo de responsabilidade completo está disponível aqui.

The Fed remains in a tough position, continuing the aggressive increase of interest rates. This led to a rise in Treasury yields, particularly in 10-year bonds, which jumped to a local high of 3.498%. Accordingly, dollar shot up, but the recent decisions of the ECB, the Bank of England and the Central Bank of Switzerland, which is to tighten monetary policies as well, have led to a reversal in the market.

Another reason why dollar fell are the business activity data from Germany, the Eurozone, the UK, and the United States. Although those were quite weaker than the forecasts, they still showed continued growth, which indicates that so far, there are no signs of an economic slowdown or recession.

By and large, everyone will closely follow the latest inflation figures, where any slight decrease, primarily in the US, will provoke a rally in the stock market. This will then spread to other trading floors around the world, which will put pressure on dollar.Forecasts for today:

GBP/USD

The pair is trading in the range of 1.2170-1.2320. Most likely, the quote will remain within these levels despite upcoming statistics from the US.

USD/JPY

The pair is trading below 134.50 amid weakening dollar. Further bearish sentiment will push it to 133.50.

Voltar a lista

Open trading account

InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.