Seasonal trends are just about to turn less favourable for the USD – Scotiabank DollarIndex Banks
April is the worst month of the year for the DXY over the last 20 years
“Seasonal trends are just about to turn less favourable for the USD. Over the last 20 years, the DXY has weakened 70% of the time through April, kicking off a soft run in the USD’s broader performance that typically extends into Q3. The DXY has weakened an average of -1% through April since 2002.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Pairs in Focus This Week \u2013 EUR/USD, Gold, GBP/USD, USD/JPYGet the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of March 26th, 2022 here.
Leer más »
USD/CAD: Gains beyond 1.3850/60 remain questionable but are not entirely excluded – ScotiabankThe CAD has underperformed last week, losing ground on the generally softer USD. Economists at Scotiabank believe that the USD/CAD pair could enjoy fu
Leer más »
GBP/USD: Door open for the GBP to regain 1.23 in the short run – ScotiabankGBP/USD inches higher from the 1.22 support zone. Economists at Scotiabank believe that the pair could surge above the 1.23 level. Cable remains well-
Leer más »
EUR/USD: Gains back through 1.0785 to give a bit more lift – ScotiabankEUR/USD steadies after finding support in the low 1.07s. The pair could see another leg higher on a break past 1.0785, economists at Scotiabank report
Leer más »
Long-run outlook for the USD remains challenged by narrowing rate differentials – ScotiabankThe USD is narrowly mixed and may continue to range trade in the short run. But the greenback is set to weaken in the long run, Shaun Osborne, Chief F
Leer más »
USD: A sustained move lower appears to be developing – ScotiabankProspects for the USD have taken a turn for the worse. USD outlook is challenged by rate spreads, economists at Scotiabank report. USD will be subject
Leer más »