UDN News and Press, Invesco DB USD Index Bearish From 05/08/24

2024-05-08 03:25:00 ET Summary Recently, the dollar gold price aggressively broke a multiyear resistance level on the back of escalating wars, worrying asset bubbles, and sticky inflation. Long-term indicators show gold is undervalued under these circumstances and can easily doubl...

2024-05-07 11:30:00 ET Summary Comparing the three-month annualized moving average to the six- and 12-month figures highlights a marked acceleration across all US inflation measures. The Fed’s press conference following the policy meeting was remarkably dovish. So far, ...

2024-05-06 08:00:00 ET Summary The dollar is mostly a little softer today in thin market conditions, with Tokyo, Seoul, and London closed for holidays. Equities are off to a constructive start this week after the strong US rally before the weekend. Most markets in the region a...

2024-05-06 07:30:00 ET Summary Interest rates are unchanged over the last six months. The recent rise in rates that has had markets in an uproar the last few weeks appears to have run its course. While the 10 year Treasury yield is still in a short-term uptrend, the technical patt...

2024-05-04 11:10:00 ET Summary The US economy's resilience and stickiness of price pressures have led to a reassessment of Fed policy, causing a rise in US interest rates and a stronger dollar. Concerns about US fiscal policy and the stronger dollar have heightened among countries...

2024-05-04 02:00:00 ET Summary The market had already priced itself out of the multiple rate cut fantasy with which it started the year when the FOMC sat down this week to deliberate for two days on an outcome it had telegraphed well in advance. Fed funds futures markets are prici...

2024-05-03 12:35:00 ET Summary If April showers bring May flowers, then perhaps investors can rejoice that April is over and look forward to better times in May. US equities struggled last month, with the S&P 500, Dow Jones Industrial Average, and Nasdaq all falling by 4.16%, ...

2024-05-03 07:50:00 ET Summary The inflation challenge facing the Fed. Why the US jobs market remains strong. The strong US economy and the Fed: why rates may stay higher for longer. ... Read the full article on Seeking Alpha For further details see: ...

2024-05-03 06:50:00 ET Summary The US dollar is trading with a softer bias ahead of the US jobs report, with recent survey data warning of downside risks. The Norwegian krone is the strongest G10 currency after the central bank delivered a hawkish hold on rates. Asian equities...

2024-05-03 05:52:00 ET Summary Although there were no huge surprises coming out of the recent Fed meeting, it may have provided hints on what the FOMC is thinking about future monetary policy changes. Fed stressed that it would continue to be highly data-dependent in its monetary ...