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
Brent sell
Period: 19.12.2025 Expectation: 200 pips
Brent crude to remain within $62.5–$65 range
Today at 10:55 AM 15
Period: 12.12.2025 Expectation: 1625 pips
GBPUSD correction looms as Fed easing bets grow
Today at 09:48 AM 12
Period: 28.02.2026 Expectation: 7000 pips
USDJPY poised to extend its decline
Today at 08:49 AM 9
Period: 31.03.2026 Expectation: 140 pips
Investing in Brent crude with $75.5 in sight
Today at 08:49 AM 14
Period: 12.12.2025 Expectation: 935 pips
AUDCAD aims for new highs on strong fundamentals
Today at 08:11 AM 9
Period: 11.12.2025 Expectation: 450 pips
Buying natural gas on way down before next rally
Yesterday at 10:42 AM 51
Go to forecasts