The difference contract is a complex trading tool, and it is risk of rapid losses due to leverage.

You should consider whether to understand how the difference contract operates, and whether you have the ability to bear the high risk of losing funds.

The difference contract is a complex trading tool, and it is risk of rapid losses due to leverage.

You should consider whether to understand how the difference contract operates, and whether you have the ability to bear the high risk of losing funds.

The difference contract is a complex trading tool, and it is risk of rapid losses due to leverage.

You should consider whether to understand how the difference contract operates, and whether you have the ability to bear the high risk of losing funds.

News & Analysis

Weekly Outlook

The US dollar may slightly strengthenCarolane de Palmas

2023-07-17 17:00

In the Asian session on Monday (July 17), the U.S. Dollar Index continued to struggle. The latest price of the US dollar was 99.96, up 0.02%. Federal Reserve Governor Waller stated that he is not yet ready to lift the alarm on US inflation and is inclined to further raise interest rates this year.
Latest updates from the Federal Reserve:
The market still believes that the probability of the Federal Reserve raising interest rates by 25 basis points this month is 95%, but there will be no further rate hikes for the rest of this year. Given said, "In the short term, we may see a slight strengthening of the US dollar, but July 26th is the date of the Federal Reserve meeting. It remains to be seen whether the Federal Reserve can convince traders that it will raise interest rates twice instead of once again
Technical analysis of U.S. Dollar Index:
Supported by strong sentiment data released by the University of Michigan, the US dollar has slightly risen, which is a much-needed tailwind after the massacre earlier this week. At some point, it seems that everything is against the US dollar, and there are several reverse correlations that are starting to take effect.