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. Retail Sales (YoY). The value of the indicator has decreased from 1.6% to 0.6%
6 August
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0.2% to -0.3%
6 August
European Union. PPI (YoY). The value of the indicator has decreased from 5.9% to 4.4%
5 August
European Union. PPI (MoM). The value of the indicator has decreased from 0.2% to -0.3%
5 August
United States. Fed Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
29 July
Top news
European Union. Retail Sales (MoM). The value of the indicator has decreased from 0.2% to -0.3%
6 August
United States. Fed Interest Rate Decision. The value of the indicator remained at the same level of 3.75%
29 July
United States. Retail Sales (MoM). The value of the indicator has decreased from 1% to 0.2%
16 July
European Union. Trade Balance. The value of the indicator has decreased from -1.2B to -7.8B
16 July
Canada. BoC Interest Rate Decision. The value of the indicator remained at the same level of 2.25%
15 July
All news

Forecasts

AUDCAD buy
Period: 14.09.2026 Expectation: 1000 pips
Invest in AUDCAD on RBA taking monetary pause
Indicators and reports FA Other Chart analysis Hot news
14 August 2026 37
Sinclair_John
GBPUSD sell
Period: 14.09.2026 Expectation: 3500 pips
GBPUSD sell-off targets 1,31500
Indicators and reports FA Other Chart analysis Hot news
14 August 2026 39
Reed_Marcus
ETHUSD sell
Period: 13.09.2026 Expectation: 150 pips
Selling ETHUSD down to $1,750
Indicators and reports FA Other Chart analysis Hot news
13 August 2026 43
Reed_Marcus
Gold buy
Period: 30.09.2026 Expectation: 46000 pips
Going long on gold amid slowdown in US inflation
FA Other TA Other
13 August 2026 72
Bruce_Powers
EURUSD buy
Period: 31.10.2026 Expectation: 1100 pips
Invest in EURUSD up to 1.16400
FA Other TA Other
13 August 2026 32
Bruce_Powers
S&P 500 buy
Period: 13.09.2026 Expectation: 250 pips
Buying S&P 500 with 8,000 target
Indicators and reports FA Other Chart analysis Hot news
13 August 2026 58
Sinclair_John
Go to forecasts