The US Dollar can remain supported for a bit longer – ING DollarIndex China Fed Banks
“The risk-off sentiment seems to be primarily driven by disappointing manufacturing PMIs out of China, as the official survey showed a drop to 48.8 , the lowest since December 2022.”
“Chinese growth sentiment remains a key channel to a rotation from the dollar to European currencies, and the recent cooling off of the Chinese recovery narrative is contributing to delaying such rotation. When combined with the ongoing hawkish repricing ofInformation on these pages contains forward-looking statements that involve risks and uncertainties.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Economists say Ohio puts more school bonds & levies on ballot than any other stateLess than half of the bonds and levies placed on the primary ballot this month passed in Ohio, a drop of nearly 20% from this time last year.
Leer más »
EUR/USD may be gently making its way to the March lows at 1.0515/0530 – INGEconomists at ING discuss EUR/USD outlook for the day ahead. Deteriorated Eurozone’s data to keep EUR/USD on the soft side “EUR/USD has quietly slippe
Leer más »
USD Index could extend recent gains to 104.65 or even 105.30 this week – INGFX markets are returning to mull progress on a US debt ceiling deal. Progress on the deal will allow investors to focus on sticky US inflation – likel
Leer más »
GBP/USD: Support around the 1.2275/2300 area may hold temporarily – INGEconomists at ING discuss EUR/GBP and GBP/USD outlooks. EUR/GBP can probably press support at 0.8650 “UK data is doing the most of the talking and it
Leer más »
Rock singer curses out DeSantis supporters during show: 'You're f---ing dead to me''Paramore' lead singer Hayley Williams blasted potential 2024 Ron DeSantis voters during a concert over the weekend, claiming they're 'dead to me.'
Leer más »
EUR/USD may soon test 1.0600 – INGEUR/USD is back below 1.0700 after a very short-lived rebound. Economists at ING believe that the pair could challenge the 1.06 level. Hard to push EC
Leer más »