2024-12-22 01:06
IndustryDollar Posts Best Quarter Since 2016 on Fed
The dollar surged to a two-year high, gaining 6% this quarter, as a resilient U.S. economy and hawkish Fed outlook bolstered its appeal. Trump’s proposed trade tariffs and fiscal policies are expected to further support dollar strength into 2025.
Non-commercial investors raised dollar long positions to $28B, the most bullish stance since May. While U.S. growth outpaces peers, weak global data limits downward pressure on the greenback. Analysts expect the dollar to stay strong short-term but face medium-term risks from trade and fiscal imbalances.
#Forex #USD #DXY #FederalReserve
Like 0
Gamma Squeezer
Trader
Hot content
Industry
Event-A comment a day,Keep rewards worthy up to$27
Industry
Nigeria Event Giveaway-Win₦5000 Mobilephone Credit
Industry
Nigeria Event Giveaway-Win ₦2500 MobilePhoneCredit
Industry
South Africa Event-Come&Win 240ZAR Phone Credit
Industry
Nigeria Event-Discuss Forex&Win2500NGN PhoneCredit
Industry
[Nigeria Event]Discuss&win 2500 Naira Phone Credit
Forum category
Platform
Exhibition
Agent
Recruitment
EA
Industry
Market
Index
Dollar Posts Best Quarter Since 2016 on Fed
| 2024-12-22 01:06The dollar surged to a two-year high, gaining 6% this quarter, as a resilient U.S. economy and hawkish Fed outlook bolstered its appeal. Trump’s proposed trade tariffs and fiscal policies are expected to further support dollar strength into 2025.
Non-commercial investors raised dollar long positions to $28B, the most bullish stance since May. While U.S. growth outpaces peers, weak global data limits downward pressure on the greenback. Analysts expect the dollar to stay strong short-term but face medium-term risks from trade and fiscal imbalances.
#Forex #USD #DXY #FederalReserve
Like 0
I want to comment, too
Submit
0Comments
There is no comment yet. Make the first one.
Submit
There is no comment yet. Make the first one.