Trusted by over 15 Million Traders

The Most Awarded Broker
for a Reason

We offer a superior trading environment that puts traders in the best position to profit.

Get a 50% Bonus up to $250 *Limited-Time Offer

Easy Access to 1,400+ Global Assets

EURUSD

Euro vs U.S. Dollar

US500

S&P 500 (US500)

GOLD

Gold

COFFEE

US Coffee

Apple

Apple (AAPL.OQ)

Finance Magnates 颁发
Finance Magnates 颁发
Capital Finance International Magazine (CFI.co) 2024年颁赠
COLWMA 2024年颁赠
荣获World Finance Forex Awards 2023最佳外汇客户服务奖
荣获World Finance Forex Awards 2023欧洲最佳外汇经纪商奖
荣获World Finance Forex Awards 2023澳大拉西亚最佳外汇经纪商奖
荣获World Finance Forex Awards 2023拉丁美洲最佳外汇经纪商奖
荣获World Finance Forex Awards 2023中东最佳外汇经纪商奖
CFI.co于2023年颁赠
荣获2023年City of London Wealth Management Awards
荣获2022年埃及金融博览会颁赠
荣获2022年City of London Wealth Management Awards
CFI.co于2022年颁赠
荣获Global Forex Awards 2022 — 零售外汇颁赠
2021年迪拜外汇博览会获颁赠
Ultimate Fintech 2021年颁赠
荣获2021年City of London Wealth Management Awards
FX168于2020年12月颁赠
荣获Global Business Awards 2020
荣获2020年City of London Wealth Management Awards
Capital Finance International Magazine (CFI.co)颁赠
Capital Finance International Magazine (CFI.co)颁赠
荣获2019年City of London Wealth Management Awards
Shares Magazine 授予 UK Forex Awards 2018
Capital Finance International Magazine (CFI.co)颁赠
Capital Finance International Magazine (CFI.co)颁赠
2017年伦敦财富管理奖
2016最佳本土客户服务
中东和北非地区（MENA）增长最快的经纪商
2015年最佳外汇科技提供商
2014年最佳外汇科技提供商
2014年最佳外汇科技提供商
荣获 The Trading Show 2024年非洲 Africa Fintech 峰会颁赠
荣获2024年中东地区 Brokersview 颁赠
荣获2024年中东地区 Brokersview 颁赠
荣获2024年阿曼 Smart Vision 峰会颁赠
荣获2024年迪拜外汇博览会颁赠
荣获2024年迪拜 Forex Traders Summit 颁赠
2024年埃及 Smart Vision 峰会颁赠
投查查于2024年颁赠
Capital Finance International Magazine (CFI.co) 2024年颁赠
CFI.co于2023年颁赠
CFI.co于2023年颁赠
交易社区平台FOLLOWME于2022年颁赠
2022年迪拜Forex Expo获颁赠
2022年迪拜Forex Expo获颁赠
荣获Global Forex Awards 2022 — 零售外汇颁赠
CFI.co于2022年颁赠
CFI.co于2022年颁赠
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
交易社区平台FOLLOWME于2021年颁赠
2021年埃及Smart Vision Investment Expo博览会获颁赠
CFI.co于2021年颁赠
CFI.co于2021年颁赠
荣获Global Forex Awards 2021 — 零售外汇颁赠
荣获Global Forex Awards 2021 — 零售外汇颁赠
World Finance 2021颁发
World Finance 2021颁发
FOLLOWME于2021年颁赠
Global Forex Awards 2021 — B2B 颁赠
Global Forex Awards颁赠
Global Forex Awards颁赠
CFI.co于2020年颁赠
CFI.co于2020年颁赠
荣获Global Business Awards 2020
World Finance Magazine 颁赠
World Finance Forex Awards 2020
World Finance Magazine 颁赠
World Finance Forex Awards 2020
FOLLOWME交易社区授予
Global Forex Awards颁赠
Global Forex Awards颁赠
FinTech Age Awards颁发
World Finance Magazine 颁赠
World Finance Forex Awards 2019
World Finance Magazine 颁赠
World Finance Forex Awards 2019
荣获 World Finance Forex Awards 2018 颁赠
荣获2018年埃及金融博览会颁赠
荣获 Shares Magazine 的 UK Forex Awards 2017 颁赠
荣获 World Finance Forex Awards 2017
2016年最佳黄金经纪商
2016年最佳外汇经纪商
2015年最佳本地客户服务
Global Brands Magazine 颁赠
Online Money Awards 2022 颁发
荣获2022年埃及金融博览会颁赠
2015最佳外汇交易平台
2015最佳金融交易平台
2013最佳创新外汇平台奖
2020年 Cyprus HR Awards 颁赠
金融行业的佼佼者
认证最优金牌级别
2014年首届亚军
Finance Magnates 颁发
Finance Magnates 颁发
Capital Finance International Magazine (CFI.co) 2024年颁赠
COLWMA 2024年颁赠
荣获World Finance Forex Awards 2023最佳外汇客户服务奖
荣获World Finance Forex Awards 2023欧洲最佳外汇经纪商奖
荣获World Finance Forex Awards 2023澳大拉西亚最佳外汇经纪商奖
荣获World Finance Forex Awards 2023拉丁美洲最佳外汇经纪商奖
荣获World Finance Forex Awards 2023中东最佳外汇经纪商奖
CFI.co于2023年颁赠
荣获2023年City of London Wealth Management Awards
荣获2022年埃及金融博览会颁赠
荣获2022年City of London Wealth Management Awards
CFI.co于2022年颁赠
荣获Global Forex Awards 2022 — 零售外汇颁赠
2021年迪拜外汇博览会获颁赠
Ultimate Fintech 2021年颁赠
荣获2021年City of London Wealth Management Awards
FX168于2020年12月颁赠
荣获Global Business Awards 2020
荣获2020年City of London Wealth Management Awards
Capital Finance International Magazine (CFI.co)颁赠
Capital Finance International Magazine (CFI.co)颁赠
荣获2019年City of London Wealth Management Awards
Shares Magazine 授予 UK Forex Awards 2018
Capital Finance International Magazine (CFI.co)颁赠
Capital Finance International Magazine (CFI.co)颁赠
2017年伦敦财富管理奖
2016最佳本土客户服务
中东和北非地区（MENA）增长最快的经纪商
2015年最佳外汇科技提供商
2014年最佳外汇科技提供商
2014年最佳外汇科技提供商
荣获 The Trading Show 2024年非洲 Africa Fintech 峰会颁赠
荣获2024年中东地区 Brokersview 颁赠
荣获2024年中东地区 Brokersview 颁赠
荣获2024年阿曼 Smart Vision 峰会颁赠
荣获2024年迪拜外汇博览会颁赠
荣获2024年迪拜 Forex Traders Summit 颁赠
2024年埃及 Smart Vision 峰会颁赠
投查查于2024年颁赠
Capital Finance International Magazine (CFI.co) 2024年颁赠
CFI.co于2023年颁赠
CFI.co于2023年颁赠
交易社区平台FOLLOWME于2022年颁赠
2022年迪拜Forex Expo获颁赠
2022年迪拜Forex Expo获颁赠
荣获Global Forex Awards 2022 — 零售外汇颁赠
CFI.co于2022年颁赠
CFI.co于2022年颁赠
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
交易社区平台FOLLOWME于2021年颁赠
2021年埃及Smart Vision Investment Expo博览会获颁赠
CFI.co于2021年颁赠
CFI.co于2021年颁赠
荣获Global Forex Awards 2021 — 零售外汇颁赠
荣获Global Forex Awards 2021 — 零售外汇颁赠
World Finance 2021颁发
World Finance 2021颁发
FOLLOWME于2021年颁赠
Global Forex Awards 2021 — B2B 颁赠
Global Forex Awards颁赠
Global Forex Awards颁赠
CFI.co于2020年颁赠
CFI.co于2020年颁赠
荣获Global Business Awards 2020
World Finance Magazine 颁赠
World Finance Forex Awards 2020
World Finance Magazine 颁赠
World Finance Forex Awards 2020
FOLLOWME交易社区授予
Global Forex Awards颁赠
Global Forex Awards颁赠
FinTech Age Awards颁发
World Finance Magazine 颁赠
World Finance Forex Awards 2019
World Finance Magazine 颁赠
World Finance Forex Awards 2019
荣获 World Finance Forex Awards 2018 颁赠
荣获2018年埃及金融博览会颁赠
荣获 Shares Magazine 的 UK Forex Awards 2017 颁赠
荣获 World Finance Forex Awards 2017
2016年最佳黄金经纪商
2016年最佳外汇经纪商
2015年最佳本地客户服务
Global Brands Magazine 颁赠
Online Money Awards 2022 颁发
荣获2022年埃及金融博览会颁赠
2015最佳外汇交易平台
2015最佳金融交易平台
2013最佳创新外汇平台奖
2020年 Cyprus HR Awards 颁赠
金融行业的佼佼者
认证最优金牌级别
2014年首届亚军
Finance Magnates 颁发
Finance Magnates 颁发
Capital Finance International Magazine (CFI.co) 2024年颁赠
COLWMA 2024年颁赠
荣获World Finance Forex Awards 2023最佳外汇客户服务奖
荣获World Finance Forex Awards 2023欧洲最佳外汇经纪商奖
荣获World Finance Forex Awards 2023澳大拉西亚最佳外汇经纪商奖
荣获World Finance Forex Awards 2023拉丁美洲最佳外汇经纪商奖
荣获World Finance Forex Awards 2023中东最佳外汇经纪商奖
CFI.co于2023年颁赠
荣获2023年City of London Wealth Management Awards
荣获2022年埃及金融博览会颁赠
荣获2022年City of London Wealth Management Awards
CFI.co于2022年颁赠
荣获Global Forex Awards 2022 — 零售外汇颁赠
2021年迪拜外汇博览会获颁赠
Ultimate Fintech 2021年颁赠
荣获2021年City of London Wealth Management Awards
FX168于2020年12月颁赠
荣获Global Business Awards 2020
荣获2020年City of London Wealth Management Awards
Capital Finance International Magazine (CFI.co)颁赠
Capital Finance International Magazine (CFI.co)颁赠
荣获2019年City of London Wealth Management Awards
Shares Magazine 授予 UK Forex Awards 2018
Capital Finance International Magazine (CFI.co)颁赠
Capital Finance International Magazine (CFI.co)颁赠
2017年伦敦财富管理奖
2016最佳本土客户服务
中东和北非地区（MENA）增长最快的经纪商
2015年最佳外汇科技提供商
2014年最佳外汇科技提供商
2014年最佳外汇科技提供商
荣获 The Trading Show 2024年非洲 Africa Fintech 峰会颁赠
荣获2024年中东地区 Brokersview 颁赠
荣获2024年中东地区 Brokersview 颁赠
荣获2024年阿曼 Smart Vision 峰会颁赠
荣获2024年迪拜外汇博览会颁赠
荣获2024年迪拜 Forex Traders Summit 颁赠
2024年埃及 Smart Vision 峰会颁赠
投查查于2024年颁赠
Capital Finance International Magazine (CFI.co) 2024年颁赠
CFI.co于2023年颁赠
CFI.co于2023年颁赠
交易社区平台FOLLOWME于2022年颁赠
2022年迪拜Forex Expo获颁赠
2022年迪拜Forex Expo获颁赠
荣获Global Forex Awards 2022 — 零售外汇颁赠
CFI.co于2022年颁赠
CFI.co于2022年颁赠
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
交易社区平台FOLLOWME于2021年颁赠
2021年埃及Smart Vision Investment Expo博览会获颁赠
CFI.co于2021年颁赠
CFI.co于2021年颁赠
荣获Global Forex Awards 2021 — 零售外汇颁赠
荣获Global Forex Awards 2021 — 零售外汇颁赠
World Finance 2021颁发
World Finance 2021颁发
FOLLOWME于2021年颁赠
Global Forex Awards 2021 — B2B 颁赠
Global Forex Awards颁赠
Global Forex Awards颁赠
CFI.co于2020年颁赠
CFI.co于2020年颁赠
荣获Global Business Awards 2020
World Finance Magazine 颁赠
World Finance Forex Awards 2020
World Finance Magazine 颁赠
World Finance Forex Awards 2020
FOLLOWME交易社区授予
Global Forex Awards颁赠
Global Forex Awards颁赠
FinTech Age Awards颁发
World Finance Magazine 颁赠
World Finance Forex Awards 2019
World Finance Magazine 颁赠
World Finance Forex Awards 2019
荣获 World Finance Forex Awards 2018 颁赠
荣获2018年埃及金融博览会颁赠
荣获 Shares Magazine 的 UK Forex Awards 2017 颁赠
荣获 World Finance Forex Awards 2017
2016年最佳黄金经纪商
2016年最佳外汇经纪商
2015年最佳本地客户服务
Global Brands Magazine 颁赠
Online Money Awards 2022 颁发
荣获2022年埃及金融博览会颁赠
2015最佳外汇交易平台
2015最佳金融交易平台
2013最佳创新外汇平台奖
2020年 Cyprus HR Awards 颁赠
金融行业的佼佼者
认证最优金牌级别
2014年首届亚军
Finance Magnates 颁发
Finance Magnates 颁发
Capital Finance International Magazine (CFI.co) 2024年颁赠
COLWMA 2024年颁赠
荣获World Finance Forex Awards 2023最佳外汇客户服务奖
荣获World Finance Forex Awards 2023欧洲最佳外汇经纪商奖
荣获World Finance Forex Awards 2023澳大拉西亚最佳外汇经纪商奖
荣获World Finance Forex Awards 2023拉丁美洲最佳外汇经纪商奖
荣获World Finance Forex Awards 2023中东最佳外汇经纪商奖
CFI.co于2023年颁赠
荣获2023年City of London Wealth Management Awards
荣获2022年埃及金融博览会颁赠
荣获2022年City of London Wealth Management Awards
CFI.co于2022年颁赠
荣获Global Forex Awards 2022 — 零售外汇颁赠
2021年迪拜外汇博览会获颁赠
Ultimate Fintech 2021年颁赠
荣获2021年City of London Wealth Management Awards
FX168于2020年12月颁赠
荣获Global Business Awards 2020
荣获2020年City of London Wealth Management Awards
Capital Finance International Magazine (CFI.co)颁赠
Capital Finance International Magazine (CFI.co)颁赠
荣获2019年City of London Wealth Management Awards
Shares Magazine 授予 UK Forex Awards 2018
Capital Finance International Magazine (CFI.co)颁赠
Capital Finance International Magazine (CFI.co)颁赠
2017年伦敦财富管理奖
2016最佳本土客户服务
中东和北非地区（MENA）增长最快的经纪商
2015年最佳外汇科技提供商
2014年最佳外汇科技提供商
2014年最佳外汇科技提供商
荣获 The Trading Show 2024年非洲 Africa Fintech 峰会颁赠
荣获2024年中东地区 Brokersview 颁赠
荣获2024年中东地区 Brokersview 颁赠
荣获2024年阿曼 Smart Vision 峰会颁赠
荣获2024年迪拜外汇博览会颁赠
荣获2024年迪拜 Forex Traders Summit 颁赠
2024年埃及 Smart Vision 峰会颁赠
投查查于2024年颁赠
Capital Finance International Magazine (CFI.co) 2024年颁赠
CFI.co于2023年颁赠
CFI.co于2023年颁赠
交易社区平台FOLLOWME于2022年颁赠
2022年迪拜Forex Expo获颁赠
2022年迪拜Forex Expo获颁赠
荣获Global Forex Awards 2022 — 零售外汇颁赠
CFI.co于2022年颁赠
CFI.co于2022年颁赠
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
World Finance Forex Awards 2022 颁发
交易社区平台FOLLOWME于2021年颁赠
2021年埃及Smart Vision Investment Expo博览会获颁赠
CFI.co于2021年颁赠
CFI.co于2021年颁赠
荣获Global Forex Awards 2021 — 零售外汇颁赠
荣获Global Forex Awards 2021 — 零售外汇颁赠
World Finance 2021颁发
World Finance 2021颁发
FOLLOWME于2021年颁赠
Global Forex Awards 2021 — B2B 颁赠
Global Forex Awards颁赠
Global Forex Awards颁赠
CFI.co于2020年颁赠
CFI.co于2020年颁赠
荣获Global Business Awards 2020
World Finance Magazine 颁赠
World Finance Forex Awards 2020
World Finance Magazine 颁赠
World Finance Forex Awards 2020
FOLLOWME交易社区授予
Global Forex Awards颁赠
Global Forex Awards颁赠
FinTech Age Awards颁发
World Finance Magazine 颁赠
World Finance Forex Awards 2019
World Finance Magazine 颁赠
World Finance Forex Awards 2019
荣获 World Finance Forex Awards 2018 颁赠
荣获2018年埃及金融博览会颁赠
荣获 Shares Magazine 的 UK Forex Awards 2017 颁赠
荣获 World Finance Forex Awards 2017
2016年最佳黄金经纪商
2016年最佳外汇经纪商
2015年最佳本地客户服务
Global Brands Magazine 颁赠
Online Money Awards 2022 颁发
荣获2022年埃及金融博览会颁赠
2015最佳外汇交易平台
2015最佳金融交易平台
2013最佳创新外汇平台奖
2020年 Cyprus HR Awards 颁赠
金融行业的佼佼者
认证最优金牌级别
2014年首届亚军

Awarded BestBrokerYear After Year

location: Home > News > market news

XM Forex Trading Platform

News

market news

The U.S. resumes pressure on the U.S. dollar, but weak employment is hard to shake off cautious interest rate cuts

Wonderful introduction:

Without the depth of the blue sky, you can have the elegance of white clouds; without the magnificence of the sea, you can have the elegance of the creek; without the fragrance of the wilderness, you can have the greenness of the grass. There is no bystander seat in life. We can always find our own position, our own light source, and our own voice.

Hello everyone, today XM Forex will bring you "[XM Foreign Exchange Market Analysis]: The United States has restarted pressure on the US dollar, but employment is weak but it is difficult to shake off cautious interest rate cuts." Hope this helps you! The original content is as follows:

In Asian trading on Friday, the U.S. dollar index maintained a narrow range. As the U.S. government ended its historic shutdown, the U.S. dollar came under pressure and fell on Thursday. The U.S. dollar index fell 0.35% to 99.14. The euro rose 0.4% to $1.1638 against the U.S. dollar, hitting a new high since October 29. Traders are assessing the long-term impact of the shutdown on the dollar's credibility while awaiting the release of a backlog of economic data.

Analysis of major currency trends

U.S. dollar: As of press time, the U.S. dollar index is hovering around 99.26. The short-term trend of the U.S. dollar will depend on the quality of upcoming economic data and the clarity of the Federal Reserve’s policy path. The statistical gaps caused by the government shutdown may continue to affect the market's judgment on the health of the U.S. economy and bring uncertainty to exchange rate fluctuations. Technically, the 50-period moving average is trending flat, while the 200-period moving average still provides support near 99.00. If it can continue to break through 99.80, it may push the index to test the 100.35-100.65 range, which is consistent with the 23.6% Fibonacci retracement level. Relative Strength Index (RSI) readings around 45 indicate neutral momentum, but improving technical structure points to a gradual recovery.

Euro: As of press time, EUR/USD is hovering around 1.1628. European officials are discussing the establishment of a U.S. dollar fund pool to replace the Federal Reserve to reduce dependence on the United States. The yen continued to weaken, falling to its lowest level against the euro since 1999, as traders expected theThe probability of the Bank of Japan raising interest rates in December is only 24%. Technically, EUR/USD maintains a bearish tone, even as sellers are having trouble pushing the pair closer to the 200-day simple moving average (SMA) at 1.1368. The Relative Strength Index (RSI) shows buyers have regained some momentum but remains flat below the neutral 50 line, indicating bears remain in control. A sustained break below 1.1500 would expose the August 1 cycle low of 1.1391, reinforcing the broader downward trend. Conversely, a clear break above 1.1600 would change the short-term sentiment and open the door for a move towards 1.1700.

UK employment data showed unemployment at 5% and wage growth slowing, raising the probability of a Bank of England rate cut in December to 90%. Technically, the technical picture for GBP/USD remains biased to the downside, although sellers will need to drag the pair below 1.3100 to challenge the latest cycle low of 1.3010 set on November 5. A break below these two levels could expose the April 7 low of 1.2707. Conversely, a daily close above 1.3100 could see the pair remain subdued around 1.3100-1.3150 in the absence of catalysts due to the limited UK economic calendar and the US government shutdown.

Foreign exchange market news summary

1. Most local Fed voting xmxyly.committees are not enthusiastic about cutting interest rates in December

Federal Reserve officials have recently spoken out intensively to discuss monetary policy. "Fed spokesperson" Nick Timiraos said that there are currently four local Fed presidents with voting rights (Boston Fed Collins, St. Louis Fed Musallem, Chicago Fed Goolsby, and Kansas Fed Schmid, who voted against the October interest rate cut resolution) and have not actively promoted another interest rate cut in December. Jin 10’s Note: The Federal Reserve rotates four regional Feds as FOMC voting xmxyly.committees every year. Starting next year, the above four officials will lose their voting rights on the FOMC. The New York Fed has a special status and has permanent voting rights.

2. Fed Collins: It may be appropriate to keep interest rates unchanged for a period of time

This year's FOMC voting xmxyly.committee and Boston Fed President Collins said on Wednesday that she believed the threshold for further interest rate cuts in the short term was "relatively high" due to concerns that inflation remains high. Collins voted for a rate cut last month. “Unless there are signs of significant deterioration in the labor market, I would be cautious about easing policy further, especially if the governmentWith the limited inflation data we have available due to the government shutdown... In the current highly uncertain environment, it may be appropriate to maintain policy rates at current levels for some time in order to balance inflation and employment risks. Her speech highlighted deep divisions within the Fed. Since the last rate cut, several voting and non-voting Fed officials, including Collins, have signaled increasing caution about cutting interest rates. Collins believes that short-term borrowing costs are currently in "mildly tight" territory, while financial conditions generally remain a tailwind for economic growth. The labor market has indeed slowed, but downside risks have not intensified since the summer.

3. The Swedish krona should remain strong because it will benefit from fiscal stimulus in Sweden and the euro zone, Francesco Pesole, an analyst at ING, said in a webinar. The Swedish krona generally has a higher positive correlation with euro zone sentiment than the euro itself, he said. Fiscal stimulus will be transmitted to the euro area economy in 2026. In Sweden, the fiscal stimulus package in 2026 includes tax cuts, and ING believes that there may be more fiscal expansion xmxyly.commitments before the September election. ING expects the Swedish economy to expand by 1.2% next year, with room to exceed expectations. The bank expects the euro to SEK to fall to 10.50 by the fourth quarter of 2026.

4. ECB Governing Council: The xmxyly.combination of fiscal stimulus and economic recovery has tilted inflation risks in the euro area to the upside

According to ECB executive member Schnabel, inflation risks in the euro area are tilted to the upside as the economy is gathering momentum and governments are starting to invest huge sums in military and infrastructure. Schnabel said: “My narrative is a recovering economy, the output gap is narrowing, and there is expected to be significant fiscal stimulus, which will stimulate the economy. Schnabel is currently seen as the most hawkish member of the management xmxyly.committee. "This leads me to conclude that if there is any risk, it is that the risk is tilted to the upside," she added. The German official said she believed interest rates were at an "absolutely" appropriate level and that policymakers must remain vigilant about rising food costs that are "still quite strong" and the "stickiness" of service sector inflation. Schnabel said that overall, she was not worried about small deviations from 2% and downplayed potential downside risks.

5. Risk-free UK inflation-linked bonds attract record bids despite rumors of tax hikes

According to foreign media reports, the issuance of inflation-linked bonds in the UK attracted record orders, easing debt sustainability concerns ahead of this month’s budget. Investors on Wednesday subscribed to more than 69 billion pounds of bids for a syndicate of 4.25 billion British debts. The sale is the last such bond issuance before the budget is announced on November 26. She is facing pressure to increase fiscal space.Recent reports suggest she will raise taxes. UK gilts also gave her some breathing room after recording their best performance in almost two years in October, attracting investors including Aberdeen, Fidelity International and JPMorgan Asset Management.

Institutional Views

1. ING: Fiscal austerity will push up expectations of interest rate cuts and the pound still has room to fall

Francesco Pesole, an analyst at ING, said in a webinar that although fiscal risks have been digested before the budget on November 26, there is still room for the pound to weaken further. ING estimates that the fiscal tightening in the budget will reach 0.5% to 1% of GDP. Pesole said this could encourage markets to price in more rate cuts from the Bank of England, which would be negative for the pound. He also said growth expectations may also be revised downwards. Although GBP is currently selling expensively, we do not believe it will be attractive from a fundamental perspective over the next year.

2. ING: The dollar may fall due to the Supreme Court ruling

Chris Turner, an analyst at ING, said in a webinar that if the Supreme Court rules that there are questions about the legality of Trump's use of emergency powers to impose xmxyly.comprehensive tariffs, the dollar may fall. He believes that this decline will be realized mainly through the potential impact on the US bond market. He said the loss of tariff revenue could lead to a sell-off in long-dated Treasuries. The suspension of tariffs will also benefit the rest of the world, supporting other currencies. However, he added that Trump may find other ways to impose tariffs.

3. xmxyly.commerzbank: Increased bond issuance in the United States and Europe will push up risk premiums

Analysts at xmxyly.commerzbank said in a report that increased bond issuance in the United States and Europe will prompt investors to demand higher risk premiums, thereby pushing up government bond yields and steepening the yield curve. They believe a steeper yield curve is expected on both sides of the Atlantic. However, with expectations for further interest rate cuts from the Federal Reserve, yields are unlikely to move significantly higher. xmxyly.commerzbank predicts that by the end of 2026, the German 10-year Treasury bond yield will rise to 3%, and the U.S. 10-year Treasury bond yield will hit 4.5%. According to data from Tradeweb, the 10-year German government bond yield rose 2 basis points to 2.675%, while the 10-year U.S. Treasury bond yield fell 2.3 basis points to 4.088%.

The above content is all about "[XM Foreign Exchange Market Analysis]: The United States has restarted pressure on the US dollar, but employment is weak but it is difficult to shake off caution in interest rate cuts". It was carefully xmxyly.compiled and edited by the editor of XM Foreign Exchange. I hope it will be helpful to your trading! Thanks for the support!

In fact, responsibility is not helpless or boring, it is as gorgeous as a rainbow. It is this colorful responsibility that creates the wonderful life we have today. I will try my best to organize the article.

Unless otherwise specified, all articles are original creations of this websiteIf reproduced, please indicate the source: XM Forex

Article address:https://xmxyly.com/en/news/52791.html

Previous：Eurozone bond yields rebounded, analysis of short-term trends of spot gold, silver, crude oil and foreign exchange on November 13 Next：Fed personnel earthquake! Bostic retires, Cook case ferments, White House intervention window opens, policy accelerates change

Disclaimers: XM Group only provides execution services and access permissions for online trading platforms, and allows individuals to view and/or use the website or the content provided on the website, but has no intention of making any changes or extensions, nor will it change or extend its services and access permissions. All access and usage permissions will be subject to the following terms and conditions: (i) Terms and conditions; (ii) Risk warning; And (iii) a complete disclaimer. Please note that all information provided on the website is for general informational purposes only. In addition, the content of all XM online trading platforms does not constitute, and cannot be used for any unauthorized financial market trading invitations and/or invitations. Financial market transactions pose significant risks to your investment capital.

All materials published on online trading platforms are only intended for educational/informational purposes and do not include or should be considered for financial, investment tax, or trading related consulting and advice, or transaction price records, or any financial product or non invitation related trading offers or invitations.

All content provided by XM and third-party suppliers on this website, including opinions, news, research, analysis, prices, other information, and third-party website links, remains unchanged and is provided as general market commentary rather than investment advice. All materials published on online trading platforms are only for educational/informational purposes and do not include or should be considered as applicable to financial, investment tax, or trading related advice and recommendations, or transaction price records, or any financial product or non invitation related financial offers or invitations. Please ensure that you have read and fully understood the information on XM's non independent investment research tips and risk warnings. For more details, please click here

Trusted by over 15 Million Traders

The Most Awarded Broker
for a Reason

Easy Access to 1,400+ Global Assets

XM Forex Trading Platform

CATEGORIES

News

market news

The U.S. resumes pressure on the U.S. dollar, but weak employment is hard to shake off cautious interest rate cuts

Analysis of major currency trends

1. Most local Fed voting xmxyly.committees are not enthusiastic about cutting interest rates in December

2. Fed Collins: It may be appropriate to keep interest rates unchanged for a period of time

4. ECB Governing Council: The xmxyly.combination of fiscal stimulus and economic recovery has tilted inflation risks in the euro area to the upside

5. Risk-free UK inflation-linked bonds attract record bids despite rumors of tax hikes

Institutional Views

1. ING: Fiscal austerity will push up expectations of interest rate cuts and the pound still has room to fall

2. ING: The dollar may fall due to the Supreme Court ruling

3. xmxyly.commerzbank: Increased bond issuance in the United States and Europe will push up risk premiums

Related News

Trusted by over 15 Million Traders

The Most Awarded Brokerfor a Reason

Easy Access to 1,400+ Global Assets

XM Forex Trading Platform

CATEGORIES

News

market news

The U.S. resumes pressure on the U.S. dollar, but weak employment is hard to shake off cautious interest rate cuts

Analysis of major currency trends

1. Most local Fed voting xmxyly.committees are not enthusiastic about cutting interest rates in December

2. Fed Collins: It may be appropriate to keep interest rates unchanged for a period of time

4. ECB Governing Council: The xmxyly.combination of fiscal stimulus and economic recovery has tilted inflation risks in the euro area to the upside

5. Risk-free UK inflation-linked bonds attract record bids despite rumors of tax hikes

Institutional Views

1. ING: Fiscal austerity will push up expectations of interest rate cuts and the pound still has room to fall

2. ING: The dollar may fall due to the Supreme Court ruling

3. xmxyly.commerzbank: Increased bond issuance in the United States and Europe will push up risk premiums

Related News

The Most Awarded Broker
for a Reason