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

Japan. Retail Sales (YoY). The value of the indicator has decreased from 1.7% to 1%
25 December
Japan. Unemployment Rate. The value of the indicator remained at the same level of 2.6%
25 December
European Union. CFTC EUR speculative positions. The value of the indicator has increased from 138.8K to 144.9K
23 December
Japan. CFTC JPY speculative net positions. The value of the indicator has decreased from 17.4K to -2.9K
23 December
Australia. CFTC AUD speculative net positions. The value of the indicator has increased from -62.9K to -21.9K
23 December
Top news
United States. GDP (QoQ). The value of the indicator has increased from 3.8% to 4.3%
23 December
Japan. BoJ Interest Rate Decision. The value of the indicator has increased from 0.5% to 0.75%
19 December
United States. CPI (YoY). The value of the indicator has decreased from 3% to 2.7%
18 December
European Union. ECB Interest Rate Decision. The value of the indicator remained at the same level of 2.15%
18 December
European Union. Deposit Facility Rate. The value of the indicator remained at the same level of 2%
18 December
All news

Forecasts

Tesla Inc sell
Period: 06.01.2026 Expectation: 2900 pips
Tesla stock selloff on forecasts of declining deliveries and earnings
FA Other TA Other Technical analysis Indicators Fundamental analysis
Today at 10:25 AM 4
Lyra_Moonwell1
AUDUSD buy
Period: 16.01.2026 Expectation: 1000 pips
AUDUSD is consolidating ahead of renewed upside
FA Other Chart analysis Indicators
Today at 09:08 AM 5
Tom_Kern
BTCUSD sell
Period: 06.01.2026 Expectation: 3125 pips
Selling BTCUSD due to lack of momentum after December consolidation
FA Other Technical analysis Indicators and reports Indicators Fundamental analysis
Today at 07:01 AM 12
Emily_Foster
S&P 500 buy
Period: 15.01.2026 Expectation: 100 pips
Investing in SPX from $6,870
Indicators and reports Chart analysis
Today at 04:41 AM 9
Bruce_Powers
Silver sell
Period: 09.01.2026 Expectation: 7500 pips
Silver rally stalls as prices push past $80
FA Other Chart analysis Indicators
Yesterday at 11:31 AM 60
Tom_Kern
Gold buy
Period: 05.01.2026 Expectation: 9000 pips
Gold takes breather after reaching all-time high
FA Other TA Other Technical analysis Indicators Fundamental analysis
Yesterday at 11:08 AM 96
Lyra_Moonwell1
Go to forecasts