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

United States. Nonfarm Payrolls. The value of the indicator has increased from 48K to 130K
Today at 1:30 PM
United States. Unemployment Rate. The value of the indicator has decreased from 4.4% to 4.3%
Today at 1:30 PM
United States. Atlanta Fed GDPNow. The value of the indicator has decreased from 4.2% to 3.7%
Today at 6:17 AM
United States. Retail Sales (MoM). The value of the indicator has decreased from 0.6% to 0%
Today at 6:17 AM
United States. Employment Wages (QoQ). The value of the indicator has decreased from 0.8% to 0.7%
Today at 6:17 AM
Top news
United States. Nonfarm Payrolls. The value of the indicator has increased from 48K to 130K
Today at 1:30 PM
United States. Unemployment Rate. The value of the indicator has decreased from 4.4% to 4.3%
Today at 1:30 PM
United States. Retail Sales (MoM). The value of the indicator has decreased from 0.6% to 0%
Today at 6:17 AM
European Union. Deposit Facility Rate. The value of the indicator remained at the same level of 2%
5 February
European Union. ECB Interest Rate Decision. The value of the indicator remained at the same level of 2.15%
5 February
All news

Forecasts

EURUSD buy
Period: 18.02.2026 Expectation: 1030 pips
EURUSD bounces back from yesterday's dip after soft US print
FA Other Technical analysis TA Other Indicators Fundamental analysis
Today at 10:33 AM 18
Lyra_Moonwell1
Lyra_Moonwell1
Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
NVIDIA Corporation buy
Period: 25.02.2026 Expectation: 1700 pips
Accumulate NVIDIA stock on correction ahead of February 25 report
FA Other Technical analysis Hot news Indicators Fundamental analysis
Today at 07:02 AM 16
Emily_Foster
AUDUSD buy
Period: 17.02.2026 Expectation: 1500 pips
Buying AUDUSD on correction after hitting three-year high
FA Other Technical analysis TA Other Indicators Fundamental analysis
Yesterday at 10:54 AM 31
Lyra_Moonwell1
Lyra_Moonwell1
Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Tesla Inc sell
Period: 17.02.2026 Expectation: 2600 pips
High operational risks justify Tesla share selloff
FA Other Technical analysis Hot news Indicators Fundamental analysis
Yesterday at 09:26 AM 28
Emily_Foster
Gold buy
Period: 30.04.2026 Expectation: 20000 pips
Investing in gold up to $5,230
FA Other Chart analysis
Yesterday at 09:25 AM 41
Bruce_Powers
EURUSD sell
Period: 31.03.2026 Expectation: 350 pips
Selling EURUSD with 1.18700 in sight
FA Other Chart analysis
Yesterday at 07:22 AM 21
McCarthy_Raymond
Go to forecasts