Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
1 December 2022 | Other

Commerzbank: dollar to turn lower when Fed cuts its key rate in 2023

GBPUSD
AUDUSD
EURUSD
USDJPY
USDCAD

It was the US dollar’s time to shine among other currencies in 2022. However, according to the forecast of economists at Commerzbank, the dollar will reverse course and weaken next year amid interest rate cuts. 

Fed watchers see the US central bank easing monetary policy in the second half of 2023. The Fed’s pivot will be driven by easing inflation and (albeit modest) economic downturn. In addition to this, Commerzbank expects further rate cuts in early 2024.

Company MarketCheese

Recommended

European Union. Reserve Assets Total. The value of the indicator has increased from 1752.49B to 1858.85B
Today at 10:02 AM
European Union. Trade Balance. The value of the indicator has increased from 7.2B to 14.2B
Today at 9:00 AM
United Kingdom. Unemployment Rate. The value of the indicator remained at the same level of 4.9%
Today at 6:00 AM
Canada. CPI (YoY). The value of the indicator remained at the same level of 3%
Yesterday at 12:30 PM
Australia. CFTC AUD speculative net positions. The value of the indicator has increased from -39.4K to -34.9K
11 September
Top news
European Union. Trade Balance. The value of the indicator has increased from 7.2B to 14.2B
Today at 9:00 AM
United States. CPI (YoY). The value of the indicator remained at the same level of 3.4%
11 September
European Union. Deposit Facility Rate. The value of the indicator has increased from 2.25% to 2.5%
10 September
European Union. ECB Interest Rate Decision. The value of the indicator has increased from 2.4% to 2.65%
10 September
European Union. GDP (QoQ). The value of the indicator has increased from 0.4% to 0.6%
7 September
All news

Forecasts

Gold sell
Period: 31.10.2026 Expectation: 18000 pips
Go short on gold upon breaking $4,300
FA Other TA Other
Today at 04:16 AM 22
McCarthy_Raymond
EURUSD sell
Period: 30.09.2026 Expectation: 600 pips
Selling EURUSD on fears of stronger US inflation
FA Other TA Other
Today at 04:16 AM 16
Bruce_Powers
AUDUSD sell
Period: 11.10.2026 Expectation: 3200 pips
Going short on AUDUSD ahead of US Fed meeting
Indicators and reports FA Other Hot news Chart analysis
11 September 2026 52
Reed_Marcus
S&P 500 sell
Period: 30.09.2026 Expectation: 2000 pips
SPX sell-off targets $7,400
FA Other TA Other
11 September 2026 42
Bruce_Powers
Tesla Inc buy
Period: 25.09.2026 Expectation: 2800 pips
Buying Tesla stock with $390 in view
Indicators and reports FA Other Indicators Hot news
11 September 2026 63
Sinclair_John
AUDCAD buy
Period: 10.10.2026 Expectation: 2500 pips
Buy AUDCAD upon breaking 1.00000
Indicators and reports FA Other Indicators Hot news
10 September 2026 47
Sinclair_John
Go to forecasts