26 September 2022 | Other

Only dollar keeps growing as rate increasing shakes stock markets

After new rate increases were delivered last week in the US and several other major world economies, forecasting upcoming difficulties. This caused stocks and bonds to tank. There was an intervention in currency trade performed by Japan, which was aimed at supporting the yen. The current circumstances have led to market participants losing confidence in economic management of Great Britain.

As it was said in Sydney by Ray Attrill, head of currency strategy at National Australia Bank, the weekend days were spent on contemplation, and it didn’t result in anyone reconsidering the situation.

Company MarketCheese
Period: 31.10.2026 Expectation: 1700 pips
Selling EURUSD on fundamentally strong dollar
Yesterday at 10:00 AM 15
Gold sell
Period: 31.10.2026 Expectation: 4000 pips
Go short on gold with $4,300 in mind
24 September 2026 28
Period: 31.10.2026 Expectation: 100 pips
Buy Brent crude upon breaking $104.60
24 September 2026 26
Period: 02.11.2026 Expectation: 1700 pips
GBPUSD sell-off targets 1.3200
22 September 2026 41
Period: 31.10.2026 Expectation: 300 pips
Buying AUDCAD with 1.0000 in sight
21 September 2026 46
Period: 31.10.2026 Expectation: 700 pips
Invest in USDJPY up to 157.70
21 September 2026 39
Go to forecasts