Oct 8, 2023 8:00 AM +07:00
The US dollar has rallied since early Q3 back to levels last seen on either side of December last year as the Federal Reserve tightened monetary policy by hiking interest rates ever higher. The Federal Reserve left rates unchanged at its September meeting but warned that there could be another rate hike if economic conditions warranted it. While the September meeting had an overall hawkish tone, Chair Powell said that the US central bank would ‘proceed carefully’ when assessing if additional policy firming is required. Chair Powell used the same wording at the recent Jackson Hole Symposium in his keynote speech. This flexibility leaves the Fed room to keep rates unchanged for the rest of the year if deemed necessary.
The US dollar has been a one-way trade since the middle of July, rallying in excess of 6% since printing a 99.49 low. The US dollar index has been helped by Euro weakness – the Euro accounts for around 58% of the basket – and ongoing weakness in the Japanese Yen (13.5% weighting). The Bank of Japan recently said that it may be in the position at the end of the year to start to dial back its current ultra-loose monetary policy, a move that would increase the value of the Yen. The ECB may hike interest rates once more this year and while this may not increase the value of the Euro to any major extent, if the single currency settled around current levels for the next few months, any US dollar upside would be limited.
It is always dangerous to try and predict future central bank decisions but the recent round of rhetoric from various G7 bankers suggests that global rates are at, or are very close to, their peaks.
Looking at the US dollar index daily chart, further upside looks possible. It may be that this upside is limited though with a cluster of prior highs back in November 2022 around 106.84 providing the next level of resistance. Under current market conditions, this is likely to hold. It is difficult to sell an asset when it is rallying, even one that you believe will fall soon. Any rally to the 106.84 level could provide an opportunity to sell the US dollar in the coming quarter.
US DOLLAR INDEX DAILY CHART
Thankfully : dailyfx.com
#US.DOLLAR #Passive_income #คู่มือเทรดForex #คู่มือเรียนรู้ฟอเร็กซ์ #แนะนำโบรกเกอร์แจกโบนัสเทรดหุ้นฟรี #เทรดหุ้นฟรีโบนัส #โบนัสฟอเร็กซ์ #Free_Bonus_Forex #ให้เงินทำงานแทนเรา #เทรดทอง #เทรดค่าเงิน #เทรดบิตคอยน์ #bitcoin #cryptocurrency #Forex_Technical_Analysis
Recommended brokers give away free bonus 30$ without conditions, count lots, click now...!!!
แนะนำโบรกเกอร์แจกโบนัสฟรี Free Bonus 30$ โดยไม่มีเงื่อนไขนับ Lot คลิ๊กเลย...!!!
In addition to recreational and fitness benefits, paddleboarding has potential therapeutic applications. It has been used as a form of therapy for individuals with physical and mental health challenges. The calming effect of water and the rhythmic paddleboard motion of paddling can promote relaxation and reduce anxiety. Paddleboarding can also improve balance coordination and core strength. Therapeutic paddleboarding programs are available in some areas, offering guided sessions for those who can benefit from the activity.
Cryptocurrency wallets also support the use of atomic swaps. Atomic swaps allow users to exchange one cryptocurrency for another dcent wallet without the need for an intermediary. This provides a secure and efficient way to trade cryptocurrencies. Wallets enable users to perform atomic swaps directly from their devices.
Gaming controllers turn your iPhone into a portable gaming console providing a more immersive experience. These controllers connect to your raasta deals com device wirelessly offering physical buttons and joysticks. They are designed to work with many popular games enhancing gameplay. Some models are foldable making them easy to carry around. Investing in a gaming controller can take your mobile gaming to the next level providing better control and comfort.
In clinical trials Saxenda has been shown to significantly reduce body weight. Participants in these trials experienced greater weight loss compared to those taking a placebo. The results highlight the potential of Saxenda as a valuable does ozempic need to be refrigerated tool in weight management. It is important to note that results may vary between individuals. Consistent use of Saxenda alongside lifestyle changes increases the likelihood of successful weight loss. Patience and persistence are important for achieving long-term results.
Radiology is a medical specialty that uses imaging technology to diagnose and treat diseases. Radiologists interpret medical Recruitment Services Detroit, MI images to identify abnormalities. They work closely with other healthcare professionals to develop treatment plans. Radiology is essential for the early detection and treatment of many conditions. Advances in imaging technology are enhancing the capabilities of radiologists.
Environmental sustainability is a priority for many homeowners in South Carolina’s coastal areas. Green building practices and south carolina beach homes for sale energy-efficient features are common in new constructions. Solar panels and rainwater harvesting systems help reduce the environmental impact. Residents are also encouraged to participate in conservation efforts and protect the natural beauty of the coastline.
Competitions and events are a significant part of the paddleboarding community. These events bring together paddleboarders from paddle boards around the world to compete and celebrate the sport. Races vary in distance and difficulty from short sprints to long endurance challenges. Some events also include freestyle competitions where participants perform tricks and maneuvers on their boards. These competitions foster a sense of camaraderie and sportsmanship among participants.
Joint custody arrangements are becoming increasingly common, allowing both parents to share in the decision-making and physical care of their children. In joint legal custody, parents collaborate on significant decisions affecting the divorce lawyer orillia child's life. Joint physical custody means the child spends substantial time with each parent, fostering a continuing relationship with both. This arrangement can benefit children by maintaining strong bonds with both parents, though it requires effective communication and cooperation between the parents.
Using a gas grill is straightforward making it ideal for both beginners and experienced grillers. The simplicity of turning a knob to ignite pacific energy stoves the grill is a major advantage. This ease of use encourages more frequent grilling.
They use specialized equipment house cleaning service las vegas such as steam cleaners and HEPA vacuums for deep cleaning tasks. Some maid services also offer additional services such as laundry, organizing, and pet cleanup.
Many people find that renting a kayak ignites a passion for the sport. After a few rental experiences, you may decide to invest in your things to do in napa with kids own kayak and gear. Starting with rentals allows you to gain experience and confidence before making a larger investment. It’s a great way to ease into the sport.
In terms of tank mates, Skittle Shrimp can coexist with a variety of other aquatic species. However, it is crucial to avoid aggressive fish that might jade green shrimp prey on them. Peaceful fish like guppies and tetras make excellent companions for Skittle Shrimp. Additionally, they can share their habitat with other types of shrimp, provided there is enough space and resources for all inhabitants.
Choosing the right type of master masterstorage365 storage, such as SSDs, is crucial for ensuring optimal performance and data protection in the digital age.
The heart of Instagram is the "feed," where users can post photos and videos, like, comment, and share content. It has become a powerful pixwox us tool for self-expression, enabling individuals, influencers, and businesses to curate their digital personas and reach a global audience.
Best of Cars ข่าวคราวยานยนต์ - ซื้อขายรถยนต์มือสอง - ชมรถสวยๆ Super Car , Hyper Car , Sport Car...คลิ๊ก Click!!!