The US dollar (USD) is a bit firmer in general on the day until now, but its broader yield only reflects a consolidation in the strong losses of this week. In the middle of a quieter geopolitical panorama, the main currencies are negotiating mixed against the great dollar; The AUD and the NZD are the ones that highlight, while the JPY is a remarkable lag, inform the main strategists of Scotiabank, Shaun Osborne and Eric Theoret.
USD stable to the strongest in front of the main
“Global actions are mixed (firmer in Asia, weaker in Europe and flat or slightly downward in terms of future actions of US shares). The crude is somewhat firmer. The news that the US air attack may have delayed the nuclear plans of Iran ‘a few months’ and the reports that Israel’s military leadership declared that the campaign against Iran may not end up that regional tensions remain close to the surface for energy markets.
“The president remained in the obvious message in the Press Conference after the FOMC last week when he pointed out that the uncertainty about tariffs prevented any adjustment in the rates at this time. However, he admitted that the thought of the Fed is constantly adapting and that a lower inflation than expected or a weaker labor market could lead to cut cuts before Point.
“The US data series has consistently disappointed market forecasts in recent weeks, suggesting that analysts’ expectations are too high and/or that the economy is weaker than expected. In contrast, the data surprises of the Eurozone are still positive. The” differential “between the weak data tendency of US It will help to support the feeling of the EUR and add broader pressure on the USD, probably limiting the short -term gains of the DXY around 98.40/50. The tariffs. “
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
