25 November 2022 | Other

Pressure on dollar is exacerbated on prospects of slower Fed hikes

The dollar is seeing a decline on Friday. The Fed may slow the pace of interest rate hikes, and that keeps investors optimistic.

The minutes for the November Fed meeting were made available this week. They revealed that the vast majority of policymakers would opt for a slower pace of rate hikes at the next meetings. The dollar began to fall on these remarks. 

Ray Attrill, head of FX strategy at National Australia Bank, highlighted that risk appetite had increased for the third consecutive day.  According to him, it contributes to the decline of the U.S. dollar.

Company MarketCheese
Period: 20.03.2026 Expectation: 1200 pips
Selling silver with $72 in sight
Today at 11:34 AM 19
Period: 31.05.2026 Expectation: 500 pips
EURUSD selloff targets 1.11000
Today at 11:15 AM 17
Period: 13.03.2026 Expectation: 1560 pips
GBPUSD eyes key resistance before resuming downtrend
Today at 09:50 AM 16
Period: 30.06.2026 Expectation: 14400 pips
Selling silver amid declining production in US and Europe
Today at 08:30 AM 13
Brent sell
Period: 13.03.2026 Expectation: 700 pips
Brent's run loses steam as Russian crude reenters market
Today at 07:40 AM 32
Period: 12.03.2026 Expectation: 22900 pips
Investing in ETHUSD on pullback before flat trend ends
Yesterday at 12:15 PM 41
Go to forecasts