6 December 2022 | Other

TD Securities: dollar is strengthening ahead of inflation data and Fed’s meeting

The U.S. dollar moved lower again last week. However, economists at TD Securities believe the currency is going to strengthen ahead of the Consumer Price Index (CPI) data for November and the Federal Reserve (Fed) meeting in December. 

A reversal of impulse signals is likely to bring the dollar down in the short term. Nevertheless, it is rather doubtful that the Greenback will decline in the run-up to the Fed’s meeting and the release of inflation data. 

Experts predict a further weakening of the GBPUSD currency pair. In addition, there is a view that the USDJPY could hit 140 one more time before the year-end. 

Company MarketCheese
Brent sell
Period: 19.12.2025 Expectation: 200 pips
Brent crude to remain within $62.5–$65 range
Yesterday at 10:55 AM 28
Period: 12.12.2025 Expectation: 1625 pips
GBPUSD correction looms as Fed easing bets grow
Yesterday at 09:48 AM 23
Period: 28.02.2026 Expectation: 7000 pips
USDJPY poised to extend its decline
Yesterday at 08:49 AM 13
Period: 31.03.2026 Expectation: 140 pips
Investing in Brent crude with $75.5 in sight
Yesterday at 08:49 AM 18
Period: 12.12.2025 Expectation: 935 pips
AUDCAD aims for new highs on strong fundamentals
Yesterday at 08:11 AM 14
Period: 11.12.2025 Expectation: 450 pips
Buying natural gas on way down before next rally
04 December 2025 58
Go to forecasts