Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
6 December 2022 | Other

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

GBPUSD
AUDUSD
EURUSD
USDJPY
USDCAD

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

Recommended

United States. Atlanta Fed GDPNow. The value of the indicator has decreased from 3.4% to 3.3%
Today at 12:48 AM
Australia. CFTC AUD speculative net positions. The value of the indicator has decreased from -127.3K to -128.3K
Yesterday at 7:30 PM
United Kingdom. CFTC GBP speculative net positions. The value of the indicator has increased from -80.4K to -79.4K
Yesterday at 7:30 PM
Canada. CFTC CAD speculative net positions. The value of the indicator has increased from -74.7K to -66.4K
Yesterday at 7:30 PM
Japan. CFTC JPY speculative net positions. The value of the indicator has increased from 69.9K to 101.6K
Yesterday at 7:30 PM
Top news
European Union. GDP (QoQ). The value of the indicator has decreased from 0.6% to 0.4%
Yesterday at 10:00 AM
European Union. Unemployment Rate. The value of the indicator remained at the same level of 6.5%
Yesterday at 10:00 AM
Japan. BoJ Interest Rate Decision. The value of the indicator remained at the same level of 1.25%
30 October
European Union. Deposit Facility Rate. The value of the indicator remained at the same level of 2.5%
29 October
European Union. ECB Interest Rate Decision. The value of the indicator remained at the same level of 2.65%
29 October
All news

Forecasts

BTCUSD sell
Period: 14.11.2026 Expectation: 3500 pips
Sell Bitcoin with $75,000 in view
Indicators and reports FA Other Chart analysis Hot news
30 October 2026 22
Sinclair_John
S&P 500 sell
Period: 14.11.2026 Expectation: 150 pips
Go short on SPX down to $7,500
Indicators and reports FA Other Chart analysis Hot news
30 October 2026 36
Reed_Marcus
Brent sell
Period: 29.11.2026 Expectation: 450 pips
Brent crude sell-off targets $105
Indicators and reports FA Other Chart analysis Hot news
29 October 2026 31
Reed_Marcus
NVIDIA Corporation buy
Period: 12.11.2026 Expectation: 28000 pips
Go long on NVIDIA stock up to $243
Indicators and reports FA Other Chart analysis Hot news
29 October 2026 34
Sinclair_John
S&P 500 buy
Period: 28.11.2026 Expectation: 130 pips
Invest in SPX with 7,850 in view
Indicators and reports FA Other Chart analysis Hot news
28 October 2026 46
Sinclair_John
EURUSD sell
Period: 28.11.2026 Expectation: 4200 pips
Selling EURUSD down to 1.07000
Indicators and reports FA Other Chart analysis Hot news
28 October 2026 61
Reed_Marcus
Go to forecasts