简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
The US dollar is trading flat as Monday’s trading session gets underway
Abstract：As the trading session begins on Monday, the US dollar is showing no significant movement. The currency gained momentum on Friday when US producer prices were reported higher than anticipated. Although the discrepancy was not sizeable, it continued the previous trend of producer price readings exceeding expectations, which was also observed during the minor Consumer Price Index increase disclosed on Thursday.
As the trading session begins on Monday, the US dollar is showing no significant movement. The currency gained momentum on Friday when US producer prices were reported higher than anticipated. Although the discrepancy was not sizeable, it continued the previous trend of producer price readings exceeding expectations, which was also observed during the minor Consumer Price Index increase disclosed on Thursday.
Given these factors, it is unlikely that many will completely disregard the potential for another Federal Reserve interest rate hike before the year's end, a situation that could benefit the dollar in the short to intermediate term. Anxiety over the global economy's growth potential is providing additional support to the greenback. Particularly, worries about China's economic status are driving this trend, ultimately benefiting the dollar viewed as a safe haven.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
Read more
Inflation is Here—How Will It Hit Stocks, Forex, Crypto, and Commodities?
Inflation is a force that ripples through every corner of the financial world, reshaping investment landscapes, shifting market sentiment, and altering the trajectory of economies. From Wall Street to the foreign exchange market, from digital assets to raw materials, inflation's impact is far-reaching. Traders who fail to understand its influence risk being caught off guard, while those who adapt can seize profitable opportunities.
Oil Prices at $90 to $100 Could Push Philippines Inflation Beyond Target
Rising oil prices at $90 to $100 per barrel may push Philippines inflation above the 2-4% target in 2025-2026, impacting food, transport, and electricity costs.
What’s Driving Malaysia’s Inflation in 2025?
Inflation in Malaysia is projected to rise to as much as 2.8% in 2025, driven by domestic policy adjustments, wage increases, and external market fluctuations.
This Economic Indicator Sparks Speculation of a Japan Rate Hike!
The latest data shows that Japan’s base wages in November rose by 2.7% year-on-year, marking the largest increase in 32 years, fueling speculation about a potential BOJ rate hike, but Governor Kazuo Ueda’s dovish remarks in December have shifted market expectations toward a potential delay in policy adjustments.
WikiFX Broker
Latest News
Pi Network Mainnet Launch: Game-Changer or Crypto Controversy?
WikiFXGlobTFX Users Report Same Issue! But Why?
WikiFXRate Cut or Not? It Depends on Trump’s Policies
WikiFXeToro Adds ADX Stocks to Platform for Global Investors
WikiFXWhy Do You Keep Blowing Accounts or Making Losses?
WikiFXB2BROKER Launches PrimeXM XCore Support for Brokers
WikiFXGermany's Election: Immigration, Economy & Political Tensions Take Centre Stage
WikiFXWikiFX Review: Is IVY Markets Reliable?
WikiFXWikiFX Community Creator Growth Camp
WikiFXEffect of Tariffs on Gold and Oil Prices
WikiFXCurrency Calculator
