Weekly Focus: USD Outlook Bearish from freemexy's blog
USD may decline if earnings reports from large-cap companies such as
HSBC and Disney put a discount on haven-linked assets.To get more news
about WikiFX, you can visit wikifx news official website.
Meanwhile, Fed rate decision is another factor hindering USD from any gains and forcing stock markets higher. The Fed said at the rate decision for July that it would not let go of the gas pedal in regards to quantitative easing. The notion of an uninterrupted market liquidity from the Fed helped further mitigate fears about credit crisis and inspired market sentiment. By doing so, however, it hammered the demands for haven-linked assets such as USD and amplified the gains of cycle-sensitive assets such as stocks.
In addition, a series of PMI data out of key supply chain and consumer-oriented economies will start trickling out this week. If these data is better than expected, there may be the trace for economic stabilization, which booms cycle-sensitive assets higher at the expense of haven-linked assets.
WikiFX, a third-party forex broker inquiry platform, has collected the information of 19,000+ forex brokers, 30 regulators, and helped victims recover over 300,000,000.00 USD. WikiFX App provides functions like forex brokers inquiry, calender, forex news express, calculator and other trading tools to help you get trading done with ease.
Forex brokers inquiry: in order to create a safe forex trading environment, WikiFX offers you two methods of checking the compliance of forex brokers, online checking and offline investigation report. WikiFX has an independent inspection team, conducting on-spot visit to brokers offices to identify they are trustworthy or not.
Meanwhile, Fed rate decision is another factor hindering USD from any gains and forcing stock markets higher. The Fed said at the rate decision for July that it would not let go of the gas pedal in regards to quantitative easing. The notion of an uninterrupted market liquidity from the Fed helped further mitigate fears about credit crisis and inspired market sentiment. By doing so, however, it hammered the demands for haven-linked assets such as USD and amplified the gains of cycle-sensitive assets such as stocks.
In addition, a series of PMI data out of key supply chain and consumer-oriented economies will start trickling out this week. If these data is better than expected, there may be the trace for economic stabilization, which booms cycle-sensitive assets higher at the expense of haven-linked assets.
WikiFX, a third-party forex broker inquiry platform, has collected the information of 19,000+ forex brokers, 30 regulators, and helped victims recover over 300,000,000.00 USD. WikiFX App provides functions like forex brokers inquiry, calender, forex news express, calculator and other trading tools to help you get trading done with ease.
Forex brokers inquiry: in order to create a safe forex trading environment, WikiFX offers you two methods of checking the compliance of forex brokers, online checking and offline investigation report. WikiFX has an independent inspection team, conducting on-spot visit to brokers offices to identify they are trustworthy or not.
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