Trusted by over 15 Million Traders

The Most Awarded Broker
for a Reason

We offer a superior trading environment that puts traders in the best position to profit.

Get a 50% Bonus up to $250 *Limited-Time Offer

Easy Access to 1,400+ Global Assets

EURUSD

Euro vs U.S. Dollar

US500

S&P 500 (US500)

GOLD

Gold

COFFEE

US Coffee

Apple

Apple (AAPL.OQ)

Finance Magnates 颁发
Finance Magnates 颁发
Capital Finance International Magazine (CFI.co) 2024年颁赠
COLWMA 2024年颁赠
荣获World Finance Forex Awards 2023最佳外汇客户服务奖
荣获World Finance Forex Awards 2023欧洲最佳外汇经纪商奖
荣获World Finance Forex Awards 2023澳大拉西亚最佳外汇经纪商奖
荣获World Finance Forex Awards 2023拉丁美洲最佳外汇经纪商奖
荣获World Finance Forex Awards 2023中东最佳外汇经纪商奖
CFI.co于2023年颁赠
荣获2023年City of London Wealth Management Awards
荣获2022年埃及金融博览会颁赠
荣获2022年City of London Wealth Management Awards
CFI.co于2022年颁赠
荣获Global Forex Awards 2022 — 零售外汇颁赠
2021年迪拜外汇博览会获颁赠
Ultimate Fintech 2021年颁赠
荣获2021年City of London Wealth Management Awards
FX168于2020年12月颁赠
荣获Global Business Awards 2020
荣获2020年City of London Wealth Management Awards
Capital Finance International Magazine (CFI.co)颁赠
Capital Finance International Magazine (CFI.co)颁赠
荣获2019年City of London Wealth Management Awards
Shares Magazine 授予 UK Forex Awards 2018
Capital Finance International Magazine (CFI.co)颁赠
Capital Finance International Magazine (CFI.co)颁赠
2017年伦敦财富管理奖
2016最佳本土客户服务
中东和北非地区（MENA）增长最快的经纪商
2015年最佳外汇科技提供商
2014年最佳外汇科技提供商
2014年最佳外汇科技提供商
荣获 The Trading Show 2024年非洲 Africa Fintech 峰会颁赠
荣获2024年中东地区 Brokersview 颁赠
荣获2024年中东地区 Brokersview 颁赠
荣获2024年阿曼 Smart Vision 峰会颁赠
荣获2024年迪拜外汇博览会颁赠
荣获2024年迪拜 Forex Traders Summit 颁赠
2024年埃及 Smart Vision 峰会颁赠
投查查于2024年颁赠
Capital Finance International Magazine (CFI.co) 2024年颁赠
CFI.co于2023年颁赠
CFI.co于2023年颁赠
交易社区平台FOLLOWME于2022年颁赠
2022年迪拜Forex Expo获颁赠
2022年迪拜Forex Expo获颁赠
荣获Global Forex Awards 2022 — 零售外汇颁赠
CFI.co于2022年颁赠
CFI.co于2022年颁赠
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
交易社区平台FOLLOWME于2021年颁赠
2021年埃及Smart Vision Investment Expo博览会获颁赠
CFI.co于2021年颁赠
CFI.co于2021年颁赠
荣获Global Forex Awards 2021 — 零售外汇颁赠
荣获Global Forex Awards 2021 — 零售外汇颁赠
World Finance 2021颁发
World Finance 2021颁发
FOLLOWME于2021年颁赠
Global Forex Awards 2021 — B2B 颁赠
Global Forex Awards颁赠
Global Forex Awards颁赠
CFI.co于2020年颁赠
CFI.co于2020年颁赠
荣获Global Business Awards 2020
World Finance Magazine 颁赠
World Finance Forex Awards 2020
World Finance Magazine 颁赠
World Finance Forex Awards 2020
FOLLOWME交易社区授予
Global Forex Awards颁赠
Global Forex Awards颁赠
FinTech Age Awards颁发
World Finance Magazine 颁赠
World Finance Forex Awards 2019
World Finance Magazine 颁赠
World Finance Forex Awards 2019
荣获 World Finance Forex Awards 2018 颁赠
荣获2018年埃及金融博览会颁赠
荣获 Shares Magazine 的 UK Forex Awards 2017 颁赠
荣获 World Finance Forex Awards 2017
2016年最佳黄金经纪商
2016年最佳外汇经纪商
2015年最佳本地客户服务
Global Brands Magazine 颁赠
Online Money Awards 2022 颁发
荣获2022年埃及金融博览会颁赠
2015最佳外汇交易平台
2015最佳金融交易平台
2013最佳创新外汇平台奖
2020年 Cyprus HR Awards 颁赠
金融行业的佼佼者
认证最优金牌级别
2014年首届亚军
Finance Magnates 颁发
Finance Magnates 颁发
Capital Finance International Magazine (CFI.co) 2024年颁赠
COLWMA 2024年颁赠
荣获World Finance Forex Awards 2023最佳外汇客户服务奖
荣获World Finance Forex Awards 2023欧洲最佳外汇经纪商奖
荣获World Finance Forex Awards 2023澳大拉西亚最佳外汇经纪商奖
荣获World Finance Forex Awards 2023拉丁美洲最佳外汇经纪商奖
荣获World Finance Forex Awards 2023中东最佳外汇经纪商奖
CFI.co于2023年颁赠
荣获2023年City of London Wealth Management Awards
荣获2022年埃及金融博览会颁赠
荣获2022年City of London Wealth Management Awards
CFI.co于2022年颁赠
荣获Global Forex Awards 2022 — 零售外汇颁赠
2021年迪拜外汇博览会获颁赠
Ultimate Fintech 2021年颁赠
荣获2021年City of London Wealth Management Awards
FX168于2020年12月颁赠
荣获Global Business Awards 2020
荣获2020年City of London Wealth Management Awards
Capital Finance International Magazine (CFI.co)颁赠
Capital Finance International Magazine (CFI.co)颁赠
荣获2019年City of London Wealth Management Awards
Shares Magazine 授予 UK Forex Awards 2018
Capital Finance International Magazine (CFI.co)颁赠
Capital Finance International Magazine (CFI.co)颁赠
2017年伦敦财富管理奖
2016最佳本土客户服务
中东和北非地区（MENA）增长最快的经纪商
2015年最佳外汇科技提供商
2014年最佳外汇科技提供商
2014年最佳外汇科技提供商
荣获 The Trading Show 2024年非洲 Africa Fintech 峰会颁赠
荣获2024年中东地区 Brokersview 颁赠
荣获2024年中东地区 Brokersview 颁赠
荣获2024年阿曼 Smart Vision 峰会颁赠
荣获2024年迪拜外汇博览会颁赠
荣获2024年迪拜 Forex Traders Summit 颁赠
2024年埃及 Smart Vision 峰会颁赠
投查查于2024年颁赠
Capital Finance International Magazine (CFI.co) 2024年颁赠
CFI.co于2023年颁赠
CFI.co于2023年颁赠
交易社区平台FOLLOWME于2022年颁赠
2022年迪拜Forex Expo获颁赠
2022年迪拜Forex Expo获颁赠
荣获Global Forex Awards 2022 — 零售外汇颁赠
CFI.co于2022年颁赠
CFI.co于2022年颁赠
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
交易社区平台FOLLOWME于2021年颁赠
2021年埃及Smart Vision Investment Expo博览会获颁赠
CFI.co于2021年颁赠
CFI.co于2021年颁赠
荣获Global Forex Awards 2021 — 零售外汇颁赠
荣获Global Forex Awards 2021 — 零售外汇颁赠
World Finance 2021颁发
World Finance 2021颁发
FOLLOWME于2021年颁赠
Global Forex Awards 2021 — B2B 颁赠
Global Forex Awards颁赠
Global Forex Awards颁赠
CFI.co于2020年颁赠
CFI.co于2020年颁赠
荣获Global Business Awards 2020
World Finance Magazine 颁赠
World Finance Forex Awards 2020
World Finance Magazine 颁赠
World Finance Forex Awards 2020
FOLLOWME交易社区授予
Global Forex Awards颁赠
Global Forex Awards颁赠
FinTech Age Awards颁发
World Finance Magazine 颁赠
World Finance Forex Awards 2019
World Finance Magazine 颁赠
World Finance Forex Awards 2019
荣获 World Finance Forex Awards 2018 颁赠
荣获2018年埃及金融博览会颁赠
荣获 Shares Magazine 的 UK Forex Awards 2017 颁赠
荣获 World Finance Forex Awards 2017
2016年最佳黄金经纪商
2016年最佳外汇经纪商
2015年最佳本地客户服务
Global Brands Magazine 颁赠
Online Money Awards 2022 颁发
荣获2022年埃及金融博览会颁赠
2015最佳外汇交易平台
2015最佳金融交易平台
2013最佳创新外汇平台奖
2020年 Cyprus HR Awards 颁赠
金融行业的佼佼者
认证最优金牌级别
2014年首届亚军
Finance Magnates 颁发
Finance Magnates 颁发
Capital Finance International Magazine (CFI.co) 2024年颁赠
COLWMA 2024年颁赠
荣获World Finance Forex Awards 2023最佳外汇客户服务奖
荣获World Finance Forex Awards 2023欧洲最佳外汇经纪商奖
荣获World Finance Forex Awards 2023澳大拉西亚最佳外汇经纪商奖
荣获World Finance Forex Awards 2023拉丁美洲最佳外汇经纪商奖
荣获World Finance Forex Awards 2023中东最佳外汇经纪商奖
CFI.co于2023年颁赠
荣获2023年City of London Wealth Management Awards
荣获2022年埃及金融博览会颁赠
荣获2022年City of London Wealth Management Awards
CFI.co于2022年颁赠
荣获Global Forex Awards 2022 — 零售外汇颁赠
2021年迪拜外汇博览会获颁赠
Ultimate Fintech 2021年颁赠
荣获2021年City of London Wealth Management Awards
FX168于2020年12月颁赠
荣获Global Business Awards 2020
荣获2020年City of London Wealth Management Awards
Capital Finance International Magazine (CFI.co)颁赠
Capital Finance International Magazine (CFI.co)颁赠
荣获2019年City of London Wealth Management Awards
Shares Magazine 授予 UK Forex Awards 2018
Capital Finance International Magazine (CFI.co)颁赠
Capital Finance International Magazine (CFI.co)颁赠
2017年伦敦财富管理奖
2016最佳本土客户服务
中东和北非地区（MENA）增长最快的经纪商
2015年最佳外汇科技提供商
2014年最佳外汇科技提供商
2014年最佳外汇科技提供商
荣获 The Trading Show 2024年非洲 Africa Fintech 峰会颁赠
荣获2024年中东地区 Brokersview 颁赠
荣获2024年中东地区 Brokersview 颁赠
荣获2024年阿曼 Smart Vision 峰会颁赠
荣获2024年迪拜外汇博览会颁赠
荣获2024年迪拜 Forex Traders Summit 颁赠
2024年埃及 Smart Vision 峰会颁赠
投查查于2024年颁赠
Capital Finance International Magazine (CFI.co) 2024年颁赠
CFI.co于2023年颁赠
CFI.co于2023年颁赠
交易社区平台FOLLOWME于2022年颁赠
2022年迪拜Forex Expo获颁赠
2022年迪拜Forex Expo获颁赠
荣获Global Forex Awards 2022 — 零售外汇颁赠
CFI.co于2022年颁赠
CFI.co于2022年颁赠
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
交易社区平台FOLLOWME于2021年颁赠
2021年埃及Smart Vision Investment Expo博览会获颁赠
CFI.co于2021年颁赠
CFI.co于2021年颁赠
荣获Global Forex Awards 2021 — 零售外汇颁赠
荣获Global Forex Awards 2021 — 零售外汇颁赠
World Finance 2021颁发
World Finance 2021颁发
FOLLOWME于2021年颁赠
Global Forex Awards 2021 — B2B 颁赠
Global Forex Awards颁赠
Global Forex Awards颁赠
CFI.co于2020年颁赠
CFI.co于2020年颁赠
荣获Global Business Awards 2020
World Finance Magazine 颁赠
World Finance Forex Awards 2020
World Finance Magazine 颁赠
World Finance Forex Awards 2020
FOLLOWME交易社区授予
Global Forex Awards颁赠
Global Forex Awards颁赠
FinTech Age Awards颁发
World Finance Magazine 颁赠
World Finance Forex Awards 2019
World Finance Magazine 颁赠
World Finance Forex Awards 2019
荣获 World Finance Forex Awards 2018 颁赠
荣获2018年埃及金融博览会颁赠
荣获 Shares Magazine 的 UK Forex Awards 2017 颁赠
荣获 World Finance Forex Awards 2017
2016年最佳黄金经纪商
2016年最佳外汇经纪商
2015年最佳本地客户服务
Global Brands Magazine 颁赠
Online Money Awards 2022 颁发
荣获2022年埃及金融博览会颁赠
2015最佳外汇交易平台
2015最佳金融交易平台
2013最佳创新外汇平台奖
2020年 Cyprus HR Awards 颁赠
金融行业的佼佼者
认证最优金牌级别
2014年首届亚军
Finance Magnates 颁发
Finance Magnates 颁发
Capital Finance International Magazine (CFI.co) 2024年颁赠
COLWMA 2024年颁赠
荣获World Finance Forex Awards 2023最佳外汇客户服务奖
荣获World Finance Forex Awards 2023欧洲最佳外汇经纪商奖
荣获World Finance Forex Awards 2023澳大拉西亚最佳外汇经纪商奖
荣获World Finance Forex Awards 2023拉丁美洲最佳外汇经纪商奖
荣获World Finance Forex Awards 2023中东最佳外汇经纪商奖
CFI.co于2023年颁赠
荣获2023年City of London Wealth Management Awards
荣获2022年埃及金融博览会颁赠
荣获2022年City of London Wealth Management Awards
CFI.co于2022年颁赠
荣获Global Forex Awards 2022 — 零售外汇颁赠
2021年迪拜外汇博览会获颁赠
Ultimate Fintech 2021年颁赠
荣获2021年City of London Wealth Management Awards
FX168于2020年12月颁赠
荣获Global Business Awards 2020
荣获2020年City of London Wealth Management Awards
Capital Finance International Magazine (CFI.co)颁赠
Capital Finance International Magazine (CFI.co)颁赠
荣获2019年City of London Wealth Management Awards
Shares Magazine 授予 UK Forex Awards 2018
Capital Finance International Magazine (CFI.co)颁赠
Capital Finance International Magazine (CFI.co)颁赠
2017年伦敦财富管理奖
2016最佳本土客户服务
中东和北非地区（MENA）增长最快的经纪商
2015年最佳外汇科技提供商
2014年最佳外汇科技提供商
2014年最佳外汇科技提供商
荣获 The Trading Show 2024年非洲 Africa Fintech 峰会颁赠
荣获2024年中东地区 Brokersview 颁赠
荣获2024年中东地区 Brokersview 颁赠
荣获2024年阿曼 Smart Vision 峰会颁赠
荣获2024年迪拜外汇博览会颁赠
荣获2024年迪拜 Forex Traders Summit 颁赠
2024年埃及 Smart Vision 峰会颁赠
投查查于2024年颁赠
Capital Finance International Magazine (CFI.co) 2024年颁赠
CFI.co于2023年颁赠
CFI.co于2023年颁赠
交易社区平台FOLLOWME于2022年颁赠
2022年迪拜Forex Expo获颁赠
2022年迪拜Forex Expo获颁赠
荣获Global Forex Awards 2022 — 零售外汇颁赠
CFI.co于2022年颁赠
CFI.co于2022年颁赠
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
交易社区平台FOLLOWME于2021年颁赠
2021年埃及Smart Vision Investment Expo博览会获颁赠
CFI.co于2021年颁赠
CFI.co于2021年颁赠
荣获Global Forex Awards 2021 — 零售外汇颁赠
荣获Global Forex Awards 2021 — 零售外汇颁赠
World Finance 2021颁发
World Finance 2021颁发
FOLLOWME于2021年颁赠
Global Forex Awards 2021 — B2B 颁赠
Global Forex Awards颁赠
Global Forex Awards颁赠
CFI.co于2020年颁赠
CFI.co于2020年颁赠
荣获Global Business Awards 2020
World Finance Magazine 颁赠
World Finance Forex Awards 2020
World Finance Magazine 颁赠
World Finance Forex Awards 2020
FOLLOWME交易社区授予
Global Forex Awards颁赠
Global Forex Awards颁赠
FinTech Age Awards颁发
World Finance Magazine 颁赠
World Finance Forex Awards 2019
World Finance Magazine 颁赠
World Finance Forex Awards 2019
荣获 World Finance Forex Awards 2018 颁赠
荣获2018年埃及金融博览会颁赠
荣获 Shares Magazine 的 UK Forex Awards 2017 颁赠
荣获 World Finance Forex Awards 2017
2016年最佳黄金经纪商
2016年最佳外汇经纪商
2015年最佳本地客户服务
Global Brands Magazine 颁赠
Online Money Awards 2022 颁发
荣获2022年埃及金融博览会颁赠
2015最佳外汇交易平台
2015最佳金融交易平台
2013最佳创新外汇平台奖
2020年 Cyprus HR Awards 颁赠
金融行业的佼佼者
认证最优金牌级别
2014年首届亚军

Awarded BestBrokerYear After Year

location: Home > News > market news

XM Forex Trading Platform

News

market news

Fed rate cut expects to suppress the US dollar, pay attention to PPI and initial data

Wonderful Introduction:

Green life is full of hope, beautiful fantasy, hope for the future, and the ideal of longing is the green of life. The road we are going tomorrow is green, just like the grass on the wilderness, releasing the vitality of life.

Hello everyone, today XM Foreign Exchange will bring you "[XM Foreign Exchange Market Analysis]: The Federal Reserve's interest rate cut expects to suppress the US dollar, pay attention to PPI and initial request data." Hope it will be helpful to you! The original content is as follows:

On Thursday, the US dollar index hovered around 97.67. As the Fed's dovish expectations were fully included and political noise continued to intensify, the US dollar index was still under pressure. Unless Friday’s retail sales or consumer confidence data unexpectedly improves, the most likely trend of the dollar remains downward. Technical breaks and yield curve www.xmh100.compression further support the bearish outlook of the US dollar in the near future. This trading day focuses on changes in the number of initial unemployment claims in the United States and the performance of the US PPI data in July. On Friday, the meeting between Trump and Putin was focused.

Analysis of major currencies

Dollar: As of press time, the US dollar index hovered around 97.67. On Wednesday, due to weak inflation data and the market's expectations of rising Fed interest rate cuts, the US dollar index (DXY) continued its decline for the second consecutive trading day. The dollar index was 97.81 intraday, the lowest closing price since July 28, and fell 0.2% on Wednesday after falling 0.5%. This trend reflects a heightened bearish sentiment as traders count on radical policy easing expectations. From a technical perspective, the US dollar index has fallen below its 50-day moving average (98.10) and is currently testing the recent support level of 97.945. If the decline continues, the downside risk will point to 97.109 and the July low of 96.377. Resistance is at 98.317 and 98.683, with stronger upper resistance near 99.177 and 99.838. Below the 200-day moving average (104.086), long-term momentum remains bearish.

Euro: As of press time, the euro/dollar hovered around 1.1711. On Wednesday (August 13), the euro/dollar exchange rate broke through the 1.1700 mark and set a new high in two weeks around 1.1730. The U.S. Consumer Price Index (CPI) data in July was moderate, and Trump's tariffs had no significant impact on the economy, which enhanced the market's expectations of the Federal Reserve's interest rate cut in September, which pushed the euro up. Although the market expected the Federal Reserve to relax monetary policy, traders kept paying attention to the speeches of Fed officials, and the exchange rate had a slight correction in the short term. Technically, the euro/dollar exchange rate is currently stable around 1.1700 and has broken through the middle track area of the Bollinger Band, showing strong upward momentum. From the perspective of Bollinger Band, the exchange rate is The price is trying to get close to the upper rail at 1.1819. The current support is around 1.1391, forming an important technical support area; the resistance is at 1.18. If this resistance is broken, the exchange rate may further challenge the high of 1.19. The MACD line (0.0017) crosses the signal line (0.0000), showing bullish momentum, and the MACD bar chart is above the zero axis, which means that the current market is in an upward trend. At the same time, RSI (56.6775) is in a neutral upper region and has not yet entered the overbought area, further supporting the upward momentum. The Bollinger bandwidth shows that the market volatility is increasing. Although the current exchange rate is close to the upper rail of the Bollinger band, the expansion of the Bollinger band also provides room for continued rise.

GBP: As of press time, GBP/USD hovered around 1.3685, and the GBP exchange rate climbed to around 1.3570 on Wednesday. The pair continued to rise as the market bets that the Fed would cut interest rates at its September policy meeting, causing the dollar to face selling pressure. GBP strengthened against major currencies on Wednesday, and investors were waiting for the UK's second-quarter GDP initial data released on Thursday. Meanwhile, the labor market cooling due to increased corporate social security contributions is also The main concerns of central bank policy makers. Technically, the short-term trend of the pound against the US dollar is bullish as the exchange rate firmly sticks above the 20-day index moving average of 1.3425. The pound-to-dollar index on the 14th is close to the 60.00 mark, and breaking through this level will trigger new bullish momentum. On the downside, the August 1 low of 1.3140 constitutes a key support area; on the upside, the July 1 high of 1.3790 will form an important resistance level.

Summary of news from the foreign exchange market

1. Japan may barely maintain growth in the second quarter to avoid a technical recession under the impact of tariffs

Despite facing the impact of US tariffs, the Japanese economy in the second quarterThe degree is still expected to achieve moderate growth in domestic demand driven by capital expenditure, thereby avoiding a technical recession. Economists' median estimates show that Japan's GDP in the second quarter may increase by 0.4% year-on-month, reversing the contraction trend in the previous quarter. Among the 32 analysts surveyed, the forecast was significantly different: 4 people expected the economy to continue to shrink, while 5 people believed that the growth rate would reach 1% or higher. The Japanese cabinet office will release preliminary data on Friday. The data may prompt the Bank of Japan to maintain its policy path to raise interest rates this year - as long as the authorities are convinced that they can withstand the ongoing pressure on global www.xmh100.commerce by U.S. trade policy.

2. Fed Goulsby: More evidence of inflation improvement is needed. There is a possibility of action in every meeting.

Chicago Fed Chairman Goulsby said Wednesday that he could not feel at ease that tariffs would not push up inflation, nor was he convinced that the U.S. labor market was deteriorating—two reasons raised by some colleagues who supported interest rate cuts. But he also opened the door to change his position before the Federal Reserve's policy meeting on September 16-17, saying that if the job market deteriorates significantly, interest rate cuts will be an inevitable choice; and it is entirely possible to cut interest rates first, and then suspend or reverse the policy path based on new data. "All meetings this fall may be a window for policy adjustments," Gulsby said. He stressed that inflation data needs to be improved for several consecutive months in order to be sure that inflation is returning to the 2% target, thus supporting interest rate cuts. He noted that there are only two months of moderate data, and the latest CPI data shows a worrying rise in service inflation.

3. The Bank of Canada considered a rate cut in July but tended to wait for more data.

The Bank of Canada discussed a 25 percentage point cut at its July meeting, but the ongoing trade dispute with the United States, the flexibility of the Canadian economy and rising inflation risks eventually led to the Bank of Canada's third consecutive meeting to maintain the policy interest rate at 2.75%. The minutes of the Bank of Canada meeting said, "It is too early to evaluate how tariffs and trade restructuring will affect Canada's economic activity and inflation. The www.xmh100.committee members agreed that if the economy continues to weaken and core inflation pressures weaken, they need to wait for clearer information before they can draw a clear conclusion, namely whether there is more room for easing."

4. Becente: The possibility of the Federal Reserve cutting interest rates by 50 basis points is high.

U.S. Treasury Secretary Becente said in an interview that the Federal Reserve's interest rate should be 150-175 basis points lower than it is now. If the data is accurate, the Federal Reserve might have cut interest rates earlier. Becente believes that the Fed has the possibility of a 50 basis point cut, and a series of rate cuts may start with a 50 basis point cut in September. When referring to the candidate for the Fed Chairman, he mentioned that they will cast a big net of 10-11 people. He also said he had proposed the establishment of a "shadow Fed chairman" but now he believes it is unnecessary. In addition, Becente believes that the Fed does not need to re-implement large-scale asset purchases (QEs). When talking about the employment report, he said that he did not support the cessation of employment reportThe announcement was issued, but emphasized that reliable data is needed. Some analysts say that the possibility of the Fed cutting interest rates by 50 basis points in September is almost zero. To achieve this, we will likely need another weak non-farm jobs report in September.

5. The Bank of Japan internally demands that it abandons anchoring vague inflation indicators, paving the way for interest rate hikes

According to foreign media analysis, the pressure on the Bank of Japan internally demands that it abandons a vaguely defined inflation indicator. Earlier, Bank of Japan Governor Kazuo Ueda said that "potential inflation" (mainly focusing on the strength of domestic demand and wages) is still below the central bank's 2% target, providing a reason for a slow rate hike. The problem is that there is no single indicator of “potential inflation,” which makes it a target for critics. Critics say overall and core inflation indicators have exceeded targets for years, but the Bank of Japan relies too much on a vague indicator to guide monetary policy. Now, even some policy www.xmh100.committee members of the Bank of Japan are calling on the central bank to change its www.xmh100.communication methods and turn to a more hawkish approach, focusing on overall inflation. Naomi Muguruma, a senior Bank of Japan observer, said the Bank of Japan may gradually remove the concept of "potential inflation" from its policy www.xmh100.communications in preparation for the next rate hike that could be held as early as October.

Institutional View

1. Deutsche Bank: Trump's attack on US institutions poses a threat to the US dollar

www.xmh100.commerzbank analyst Michael Pfister said in a report that Trump's attack on the Federal Reserve and the U.S. Bureau of Labor Statistics poses a threat to the prospects of the US dollar. Trump again criticized Fed Chairman Powell for not lowering interest rates on Tuesday. Trump also threatened to file a lawsuit against Powell over the expensive renovation of the Federal Reserve's Washington headquarters. On Monday, Trump nominated conservative think tank economist Anthony to replace the bureau chief of Labor Statistics, whom he fired earlier this month. Pfister said: "This is increasingly reminiscent of authoritarian countries, where the heads of statistical agencies or central banks are replaced. And this is not good for the US dollar."

2. Dutch International Bank: A further weakening of the US dollar may be good for the euro

Francesco Pesole, a foreign exchange strategist at Dutch International Bank, said that after the U.S. inflation data released on Tuesday was lower than expected, the further weakening of the US dollar may be good for the euro. The sharp rebound of the US dollar "is only possible if the employment data improves significantly." However, there may be limited room for further gains in the euro against the dollar ahead of Trump's meeting with Putin on Friday.

3. Nomura: The Federal Reserve will launch a rate cut in September, which is expected to drop by 75 basis points in three times

Nomura's economists currently predict that the Federal Reserve will start cutting interest rates in September due to weak labor markets and reduced inflation risks. The Fed could cut interest rates by 25 basis points at its September meeting, followed by another cut in December and March of the following year, economists at Nomura wrote in a report. Despite analyst median expectationsIt is a 25 basis point cut in the next three months, but economists have different opinions on the timing of the rate cut. Nomura was previously one of those agencies that expected Fed officials to relax policies until later this year.

The above content is all about "[XM Foreign Exchange Market Analysis]: The Federal Reserve's interest rate cut expects to suppress the US dollar, pay attention to PPI and initial request data", which was carefully www.xmh100.compiled and edited by the XM Foreign Exchange editor. I hope it will be helpful to your trading! Thanks for the support!

After doing something, there will always be experience and lessons. In order to facilitate future work, we must analyze, study, summarize and concentrate the experience and lessons of previous work, and raise it to the theoretical level to understand it.

Unless otherwise specified, all articles are original creations of this websiteIf reproduced, please indicate the source: XM Forex

Article address:https://www.xmh100.com/en/news/33960.html

Previous：Oil prices fall to more than two months lows, Fed's easing bets boost gold prices, oil markets show pessimistic guidance Next：Trump issued another harsh warning to Putin before the meeting, Powell may personally "spray cold water" for the rate cut in September next week

Disclaimers: XM Group only provides execution services and access permissions for online trading platforms, and allows individuals to view and/or use the website or the content provided on the website, but has no intention of making any changes or extensions, nor will it change or extend its services and access permissions. All access and usage permissions will be subject to the following terms and conditions: (i) Terms and conditions; (ii) Risk warning; And (iii) a complete disclaimer. Please note that all information provided on the website is for general informational purposes only. In addition, the content of all XM online trading platforms does not constitute, and cannot be used for any unauthorized financial market trading invitations and/or invitations. Financial market transactions pose significant risks to your investment capital.

All materials published on online trading platforms are only intended for educational/informational purposes and do not include or should be considered for financial, investment tax, or trading related consulting and advice, or transaction price records, or any financial product or non invitation related trading offers or invitations.

All content provided by XM and third-party suppliers on this website, including opinions, news, research, analysis, prices, other information, and third-party website links, remains unchanged and is provided as general market commentary rather than investment advice. All materials published on online trading platforms are only for educational/informational purposes and do not include or should be considered as applicable to financial, investment tax, or trading related advice and recommendations, or transaction price records, or any financial product or non invitation related financial offers or invitations. Please ensure that you have read and fully understood the information on XM's non independent investment research tips and risk warnings. For more details, please click here

Trusted by over 15 Million Traders

The Most Awarded Broker
for a Reason

Easy Access to 1,400+ Global Assets

XM Forex Trading Platform

CATEGORIES

News

market news

Fed rate cut expects to suppress the US dollar, pay attention to PPI and initial data

Analysis of major currencies

1. Japan may barely maintain growth in the second quarter to avoid a technical recession under the impact of tariffs

2. Fed Goulsby: More evidence of inflation improvement is needed. There is a possibility of action in every meeting.

3. The Bank of Canada considered a rate cut in July but tended to wait for more data.

4. Becente: The possibility of the Federal Reserve cutting interest rates by 50 basis points is high.

5. The Bank of Japan internally demands that it abandons anchoring vague inflation indicators, paving the way for interest rate hikes

Institutional View

1. Deutsche Bank: Trump's attack on US institutions poses a threat to the US dollar

2. Dutch International Bank: A further weakening of the US dollar may be good for the euro

3. Nomura: The Federal Reserve will launch a rate cut in September, which is expected to drop by 75 basis points in three times

Related News

Trusted by over 15 Million Traders

The Most Awarded Brokerfor a Reason

Easy Access to 1,400+ Global Assets

XM Forex Trading Platform

CATEGORIES

News

market news

Fed rate cut expects to suppress the US dollar, pay attention to PPI and initial data

Analysis of major currencies

1. Japan may barely maintain growth in the second quarter to avoid a technical recession under the impact of tariffs

2. Fed Goulsby: More evidence of inflation improvement is needed. There is a possibility of action in every meeting.

3. The Bank of Canada considered a rate cut in July but tended to wait for more data.

4. Becente: The possibility of the Federal Reserve cutting interest rates by 50 basis points is high.

5. The Bank of Japan internally demands that it abandons anchoring vague inflation indicators, paving the way for interest rate hikes

Institutional View

1. Deutsche Bank: Trump's attack on US institutions poses a threat to the US dollar

2. Dutch International Bank: A further weakening of the US dollar may be good for the euro

3. Nomura: The Federal Reserve will launch a rate cut in September, which is expected to drop by 75 basis points in three times

Related News

The Most Awarded Broker
for a Reason