- Traders follow safe paradises such as gold at the highest levels of all time in front of mutual tariffs.
- Markets add the number of US PCE and Michigan University to sell capital.
- The US Dollar Index is breaking below 104.00, there is no safe flow in Greenback.
The US Dollar Index (DXY), which follows the performance of the US Dollar (USD) against six main currencies, will close this Friday with a loss at 103.90 when writing on Friday. Traders are not really Greenback, but a migration from stocks and crypto currencies, this Friday, this Friday, the highest level of all time from $ 3,086 are looking at the precious metals market. The deadline for mutual tariff is approached rapidly on April 2, and it clearly hit a nerve between traders and market participants.
On the economic data front, all eyes federal reserve (FED) were in the preferred inflation indicator, US personal consumption expenditures (PCE) data for February. Nog large rhythms or surprises. Later on this Friday, the FED Vice President Michael Barr and Atlanta Fed President Raphael Bostic is still talking.
Daily Digest market carriers: right in front of next week
- US personal consumption expenditures have been published for February:
- The monthly title was 0.3% as expected, it did not change from the previous 0.3%. The annual indicator remained constant by 2.5%.
- The monthly core PCE increased by 0.4% and the expected 0.3% beat. Annual core PCE rose from 2.6% to 2.8%.
- At the same time, the US personal income for February rose to 0.8%, expected a large rhythm of 0.4% and previously from 0.9%. The US’s personal expenditures for February fell below 0.5%from the previous contraction of 0.2%and fell to 0.4%.
- Michigan University Consumer Duygu Index Index 57 at Softer for the reading for March Cames, 57.9 estimated and missed the previous reading. 5 -year consumer inflation expectations rose from 3.9% to 4.1% before.
- 16:15 GMT, Federal Reserve Bank Vice President Michael Barr, Charlotte, NC’deki 2025 Banking Institute will talk about the banking policy
- 19:30 At the GMT, Atlanta President Federal Reserve Bank Raphael Bostic will organize a policy panel at the third-year Georgia Tech-Atlanta Fed Fed Fed Household Finance Conference in Atlanta, Atlanta, Atlanta, Atlanta, Atlanta, Atlanta, Atlanta, Atlanta, Atlanta, Atlanta, Atlanta, Atlanta
- Stocks make a lower dive with 0.5 to 2% transition from Asia over Europe and transition to US -term transactions.
- According to the CME Fedwatch vehicle, the probability of 4.25-4.50%in the current range at the meeting of May is 87.1%. Borrowing costs for the June meeting are 65.5%lower.
- The US is trading around 4.28%of its 10 -year return and looking for a small safe shelter entry.
US Dollar Index Technical Analysis: Field
The US Dollar Index (DXY) has roughly unite since the seismic decline at the beginning of March. Slowly, but confidently, a small part of this big movement begins to open. For the return of DXY to 105.00/106.00, search for a synchronized move with gold recovery gains and the rate difference between the US and other countries.
Last week at the weekly closing of more than 104.00, a return to a round level of 105.00 in the coming days, the 200 -day simple moving average (SMA) gets close at this point and strengthens this area as a strong resistance in 104.95. After breaking from this region, a number of significant levels such as 105.53 and 105.89 may limit upward momentum.
The disadvantage is the first nearby support after a successful leap on Tuesday. If this level is not valid, the risk of DXY falls to the March range between 104.00 and 103.00. When the lower end of 103.00 gives attention to 101.90 in the lower direction.
US Dollar Index: Daily Graphics
Fed FAQ
The monetary policy in the US has been shaped by the Federal Reserve (FED). The Fed has two powers: to achieve price stability and to promote full employment. To adjust the primary vehicle interest rates to achieve these goals. When prices increase very rapidly and inflation is over 2% target of the FED, increasing interest rates increases borrowing costs throughout the economy. This results in a more powerful US dollar (USD), as it makes the US a more attractive place for international investors to park their money. When inflation drops below 2% or the unemployment rate is too high, the Fed may reduce interest rates to promote heavy borrowing on Breding.
The Federal Reserve (FED) organizes eight policy meetings annually, where the Federal Open Market Committee (FOMC) evaluates economic conditions and makes monetary policy decisions. Twelve Nutrition Authorities participate in FOMC-seven members of the Board of National Assembly, the President of the New York Federal Reserve Bank and the rest of the eleven regional reserve banks, four of which are fundamental.
In extreme cases, the federal reserve can apply to a policy called quantitative navigation (QE). QE is the process of significantly increasing the Fed’s credit flow in a stuck financial system. It is a non -standard policy measure used during crises or when inflation is extremely low. It was the weapon of the FED during the great financial crisis in 2008. The Fed contains more dollars and uses it to purchase high -grade bonds from financial institutions. QE usually weakens the US dollar.
Quantitative Completion (QT) is the inverse process of QE that the Federal Reserve does not re -invest in the bonds in which the federal reserve stops receiving bonds from financial institutions and matures the principal to purchase new bonds. It is usually positive for the value of the US dollar.
