1 December 2022 | Other

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

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
Period: 02.04.2025 Expectation: 946 pips
Buying NVIDIA stock on optimistic outlook for company
Today at 06:07 AM 3
Elizabeth_Kuzmicheva
Elizabeth_Kuzmicheva

Listed among the best MarketCheese authors
2nd in the segment "Metals"
Period: 06.04.2025 Expectation: 8450 pips
Technical reversal suggests buying TSLA with target of 362.20
Yesterday at 11:10 AM 47
Alexandra_Belova
Alexandra_Belova

Listed among the best MarketCheese authors
1st in the segment "Crypto"
2nd in the segments "Currencies" and "Oil and gas"
Brent sell
Period: 30.04.2025 Expectation: 300 pips
Selling Brent to $69 per barrel
Yesterday at 10:19 AM 17
Period: 01.04.2025 Expectation: 5000 pips
Reaching 91,500 will confirm trend of Bitcoin recovery
Yesterday at 08:54 AM 26
Period: 31.03.2025 Expectation: 475 pips
Buying AUDUSD amid correction with target at 0.633
Yesterday at 06:58 AM 35
Elizabeth_Kuzmicheva
Elizabeth_Kuzmicheva

Listed among the best MarketCheese authors
2nd in the segment "Metals"
Period: 31.03.2025 Expectation: 1000 pips
US stock market outflow limits S&P 500 rebound
24 March 2025 58
AntonVolkov
AntonVolkov

Listed among the best MarketCheese authors
1st in the segment "Currencies"
3rd in the segment "Metals"
Go to forecasts