简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:The St. Louis Federal Reserve Bank (FRED) has released US inflation expectations indicators measured by breakeven inflation rates for 10-year and 5-year periods. The indicators show that the latest market demand for the US dollar is validated by the US inflation expectations, as early signals of US price pressure have recently become more robust. In other words, the 10-year breakeven inflation rate has risen to a one-week high.
According to inflation expectations measured by the 10-year and 5-year breakeven inflation rates published by the St. Louis Federal Reserve Bank (FRED), the US inflation expectations validate the market's latest preference for the US dollar. This is because early signals of US price pressure have recently become more resilient.
In other words, the 10-year breakeven inflation rate measured by FRED continued its rebound from last Friday, reaching 2.23%, the highest level since May, while the 5-year inflation expectations index followed suit and closed higher at a one-week high of 2.22% during the US session on Monday.
Given the rise in US Treasury yields and strong recent inflation signals, the US Dollar Index remains near its year-to-date lows but is still above 101.00.
However, this week, the market is maintaining a cautious sentiment and pushing USD buyers ahead of the release of the US Consumer Price Index. Meanwhile, concerns about US debt default and the prospect of a dovish Fed rate hike, not to mention mixed nonfarm payroll data, have dampened market sentiment.
Most importantly, with a key US inflation release on the horizon, economic events are light and market sentiment is cautious. After a tumultuous week, the market is maintaining a range-bound state, challenging the recent USD trend even as inflation signals suggest rising prices.
Also in focus today: the Australian and New Zealand Dollars continue to show strength, while the USD gains support from rising US Treasury yields.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
The US election sparks forex trading opportunities. Trump's economic policies may increase volatility, offering potential gains for traders.
In the wake of the devastating floods that hit Ternate, XM, a leading online broker has stepped up to provide vital assistance to the affected communities. The company's humanitarian effort is a testament to its commitment to social responsibility and support for those in need.
South Africa’s Financial Sector Conduct Authority (FSCA) has suspended the license of the online trading platform, Banxso.
The Financial Industry Regulatory Authority (FINRA) has imposed significant fines on Investment Network, Inc. (INI) and its CEO, Gary L. Arnold, for a series of regulatory violations connected to the sale of pre-initial public offering (pre-IPO) funds between October 2020 and May 2021.