Review Brokers
No Result
View All Result
Saturday, September 30, 2023
  • Login
  • Home
    • Forex Advertising
    • Economic Calendar
    • Contact Us
  • Forex Brokers
    • Best Broker 2023
  • Education
    • Forex Trading Strategies
    • Forex Trading Indicators
    • Forex/CFDs/Cryptos News
    • Promotional Content
  • Forex Promotions
    • Best Promotions
    • Affiliate Program
    • Forex No Deposit Bonus
    • Forex Demo Contest
    • Forex Rebate (Cashback)
    • Forex Live Contest
    • Forex Deposit Bonus
    • Other Promotions
  • Expert Advisors
    • Expert Advisors Price
  • Rebate Service
    • Terms and Conditions of Rebate Services
  • Home
    • Forex Advertising
    • Economic Calendar
    • Contact Us
  • Forex Brokers
    • Best Broker 2023
  • Education
    • Forex Trading Strategies
    • Forex Trading Indicators
    • Forex/CFDs/Cryptos News
    • Promotional Content
  • Forex Promotions
    • Best Promotions
    • Affiliate Program
    • Forex No Deposit Bonus
    • Forex Demo Contest
    • Forex Rebate (Cashback)
    • Forex Live Contest
    • Forex Deposit Bonus
    • Other Promotions
  • Expert Advisors
    • Expert Advisors Price
  • Rebate Service
    • Terms and Conditions of Rebate Services
No Result
View All Result
Review Brokers
No Result
View All Result

Has the dollar reversed to a decline?

Admin by Admin
May 21, 2022
in Forex/CFDs/Cryptos News
1
Forex News
0
SHARES
0
VIEWS

FxPro

The dollar in the foreign exchange market is correcting some of the gains of the past three months. The dollar index has retreated below 103 after touching 105 a week ago. The retreat of the US currency goes against a wide range of peers and several asset classes. 10-year Treasury yields, which peaked near 3.2% last week, are still declining.

Such dynamics reflect investors’ hesitation regarding the prospects for the US economy, around which recession risks are mounting. The decline in long-term bond yields indicates investors’ doubts that the Fed will be able to raise and keep rates high for a long time, and it reduces the attractiveness of investing in the dollar.

But it is also worth noting the work of other central banks, which are closing the gap between their policy and Fed sentiment by tightening their rhetoric almost daily.

However, the dollar’s weakness is contained within the framework of a correction after a tumultuous rally. Talking about a break of the short-term uptrend is only appropriate if the Dollar Index falls below 102.30, where the lows of May and the 61.8% area of the last rising momentum from the start of April are concentrated.

A break of the latest uptrend is evidence that a false break-up of the long-term resistance at 103.0, earlier this month, was achieved.

However, it has to be noted that the observed weakening of the dollar might be no more than a temporary respite for several reasons.

The pullback in yields of the Treasuries could be a technical correction after a rally like we have seen many times since the middle of last year.

So far, US monetary tightening is moving and set to move to proceed at a higher pace than the major competitors. Other DM central banks are shy to make 50 points step up and are even further away from raising the key rate by 350 points in the year to March expected from the Fed.

Concerns about the economy may be exaggerated as demand remains pretty robust and the labour market is burning, promising growth in income (respectively) and household spending.

Suppose a new round of growth follows a temporary pullback in the US currency. As we previously expected, this momentum could remain in place until 120, returning the dollar’s strength to that of the start of the millennium.

Source: FXStreet – Alexander Kuptsikevich – FxPro Financial Services Limited

Read Key Trading Levels: AUD/USD, EUR/USD, GBP/USD, NZD/JPY, other currencies, USD Index, and SP500

Post Views: 395

Related posts:

FxProGold and silver at the lower limits ForexNewsOil: The latest upward momentum? RoboForexForex technical analysis and forecast: Majors, equities and commodities XMGroupTechnical analysis: AUD/USD around 0.7100 mark but bearish risks linger ForexNewsSentiment Remains Fragile; Euro, Sterling Can Barely Sustain Even Modest Up Forex NewsTechnical analysis: USD/CAD climbs beyond 1.30 mark, logs 17½-month high [Video] Markets.comUSD declines on improved risk sentiment Forex NewsKey Trading Levels: AUD/USD, EUR/USD, GBP/USD, NZD/JPY, other currencies, USD Index, and SP500
Tags: Forex NewsFXProHas the dollar reversed to a declineThe dollar in the foreign exchange market
30 USD No Deposit Bonus 30 USD No Deposit Bonus 30 USD No Deposit Bonus
Previous Post

China rate cut boosts risk sentiment

Next Post

Key Trading Levels: AUD/USD, EUR/USD, GBP/USD, NZD/JPY, other currencies, USD Index, and SP500

Admin

Admin

Related Posts

BOJ
Forex/CFDs/Cryptos News

BoJ monetary policy meeting preview – Will new inflation data finally force a policy change?

July 25, 2023
FXStreet
Forex/CFDs/Cryptos News

Ethereum price has one barrier to break before $1,500

August 25, 2022
MarketNews
Forex/CFDs/Cryptos News

FX next week: EURUSD, ECU units and parity

July 8, 2022
FXStreet
Forex/CFDs/Cryptos News

Warning: 150,000 Bitcoin tokens about to flood the market could trigger sell-off

July 8, 2022
euros
Forex/CFDs/Cryptos News

Technical Outlook: Euro, Gold, EURUSD

July 8, 2022
FXStreet
Forex/CFDs/Cryptos News

AUDNZD / EURUSD outlook

July 8, 2022
Load More
Next Post
Forex News

Key Trading Levels: AUD/USD, EUR/USD, GBP/USD, NZD/JPY, other currencies, USD Index, and SP500

Comments 1

  1. Pingback: China rate cut boosts risk sentiment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result
ADVERTISEMENT
  • Trending
  • Comments
  • Latest
PrimeXBT

PrimeXBT | Step2earn Contest (06.06.22)

May 31, 2022
FBS

FBS | $100 Quick Start Bonus

February 21, 2023
PrimeXBT

PrimeXBT | TradinatoR Contest (27.06.22)

June 6, 2022
xtrade

XTrade | Xmas Season Bonus (26.12.21)

May 24, 2022
CMC Markets

What Is Bitcoin?

52
forexknowledge

What is Forex?

32
Tiomarkets

MT4 vs MT5: What trading platform to choose?

31
CMC Markets

What Is Ethereum?

29
JustMarkets-Grab a Risk-Free $30 Welcome Bonus in Forex Trading

JustMarkets – Grab a Risk-Free $30 Welcome Bonus in Forex Trading

September 25, 2023
Boost Your Profits with OctaFX 50% Bonus Offer

Boost Your Profits with OctaFX 50% Bonus Offer

September 25, 2023
XM Group - How to Claim $30 Forex Welcome Bonus

XM Group – How to Claim $30 Forex Welcome Bonus

September 24, 2023
RoboForex How to Claim $30 as a Forex Welcome Bonus

RoboForex Free Welcome Bonus: How to Claim $30 as a Forex Welcome Bonus

September 22, 2023

Advertisement

exness

fbs

XM



octafx

icmarkets

XM

Recent Posts

  • JustMarkets – Grab a Risk-Free $30 Welcome Bonus in Forex Trading
  • Boost Your Profits with OctaFX 50% Bonus Offer
  • XM Group – How to Claim $30 Forex Welcome Bonus
  • RoboForex Free Welcome Bonus: How to Claim $30 as a Forex Welcome Bonus
  • Winning Gold Trading Strategies

Connect to ReviewBrokers

facebook twitter telegram
liveinternet liveinternet
Review Brokers

ReviewBrokers Information

Address: Ho Chi Minh City, Vietnam, 70000

Contact us:
– Skype: fxvnpro
– Email:

admin@reviewbrokers.com

reviewbrokers.net@gmail.com

Payment methods:
– Webmoney
– Perfect Money
– Paypal
– Skrill
– Neteller
– Bank Wire
– Bitcoin

Categories

  • Affiliate Program (63)
  • Best Promotions (42)
  • Broker Listing (7)
  • Education (95)
  • Expert Advisors (2)
  • Forex Demo Contest (38)
  • Forex Deposit Bonus (239)
  • Forex Live Contest (53)
  • Forex No Deposit Bonus (28)
  • Forex Rebate (Cashback) (64)
  • Forex Trading Indicators (26)
  • Forex Trading Strategies (15)
  • Forex/CFDs/Cryptos News (963)
  • Other Promotions (51)
  • Promotional Content (14)

Disclaimer

Any promotions, reviews, and other information in the website are just for the information purpose only.

There is no invitation or encouragement to invest in the Financial Market such as CFDs, Forex, Binary Options, Indices, Cryptocurrencies and so on. We disclaim liability for any loss resulting from the use of information contained on this website.

The published comments are private opinions or feedback of the users. ReviewBrokers is not responsible for any information on the website.

Recent Posts

  • JustMarkets – Grab a Risk-Free $30 Welcome Bonus in Forex Trading
  • Boost Your Profits with OctaFX 50% Bonus Offer
  • XM Group – How to Claim $30 Forex Welcome Bonus
  • RoboForex Free Welcome Bonus: How to Claim $30 as a Forex Welcome Bonus
  • Winning Gold Trading Strategies
  • Top Forex Brokers with No Deposit Bonuses
  • FBS Global Roadshow: Nurturing Global Trading Communities Worldwide
  • What is a No Deposit Forex Bonus and How to Get It
  • Maximize Profits with Free Forex Trading Bots
  • How to Start Making Money with Forex Trading for Beginners
  • Trading Forex with No Deposit Bonus
  • Orbit Global FX | August Month Offer For Traders

Risk warning

Please be aware of your investment into trading markets which is high risk and not suitable for everyone.

© 2013 - 2023 Review Brokers - Forex Brokers Review - Rebates Service - Expert Advisors Signals - Forex Promotions & News.

No Result
View All Result
  • Home
    • Binary Options Brokers
    • Forex Advertising
    • Best Brokers 2022
    • Economic Calendar
    • Contact Us
  • Expert Advisors
    • Expert Advisors Price
  • Forex Brokers
  • Education
    • Forex/CFDs/Cryptos News
    • Promotional Content
  • Forex Promotions
    • Best Promotions
    • Forex No Deposit Bonus
    • Forex Demo Contest
    • Forex Rebate (Cashback)
    • Affiliate Program
    • Forex Deposit Bonus
    • Forex Live Contest
    • Other Promotions

© 2013 - 2023 Review Brokers - Forex Brokers Review - Rebates Service - Expert Advisors Signals - Forex Promotions & News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Warning: array_sum() expects parameter 1 to be array, null given in /home/betbonus/reviewbrokers.net/wp-content/plugins/jnews-social-share/class.jnews-social-background-process.php on line 111