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: 07.09.2026 Expectation: 3000 pips
Selling GBPUSD on dollar's fundamental edge
Today at 09:59 AM 20
Period: 14.08.2026 Expectation: 600 pips
Go long on EURUSD on weak US jobs data
Today at 09:00 AM 21
Period: 14.08.2026 Expectation: 600 pips
Invest in Brent crude with $88.50 target
Today at 08:36 AM 22
Period: 06.09.2026 Expectation: 6000 pips
Buy USDJPY with 164.00 in view
Yesterday at 11:31 AM 50
Period: 06.09.2026 Expectation: 200 pips
Go short on ETHUSD with $1,700 target
Yesterday at 09:44 AM 32
Period: 31.12.2026 Expectation: 13000 pips
Invest in silver up to $75.00
Yesterday at 06:46 AM 34
Go to forecasts