6 October 2022 | Other

Dollar decreased, but not weakened

U.S. service sector indicators rose again in September, regardless of the reduction in the trade deficit and the stability of the labor market this month. The President of the San Francisco FRB, Mary Daley, expressed confirmation of policymakers' focus on fighting inflation. She also rejected the market's hopes for a rate decrease in 2023.

Imre Speiser, a currency strategist at Westpac, suggested that people may be a little bit premature in their assessment of a decrease in U.S. rates.

U.S. labor market data will come out on Friday. Traders are waiting for this information to estimate the FRS interest rates in terms of the speed and level of growth.

Company MarketCheese
Period: 31.03.2026 Expectation: 7000 pips
Selling BTCUSD down to $63,000
Today at 11:27 AM 16
Period: 19.03.2026 Expectation: 300 pips
Selling NG on record production and milder weather forecasts
Today at 11:17 AM 15
Gold sell
Period: 16.03.2026 Expectation: 150 pips
Selling gold in short term with $5,000 target
Today at 06:40 AM 25
Period: 19.03.2026 Expectation: 17000 pips
ETHUSD selloff targets $2,150 as capital flight continues
Today at 06:25 AM 13
Gold buy
Period: 31.03.2026 Expectation: 6000 pips
Investing in gold if US CPI drops below expectations
Today at 05:15 AM 13
Period: 31.03.2026 Expectation: 800 pips
Buying USDJPY up to 158.80
Today at 05:15 AM 13
Go to forecasts