B · Normal
[The U.S. dollar is poised to have its best monthly performance since June, boosted by the Fed's commitment to control inflation] September 30th: As the Federal Reserve once again focuses on curbing inflation, driving up interest rate expectations and U.S. bond yields, the U.S. dollar is poised to have its best month since June. Strong U.S. economic data and rising inflation risks boosted the dollar. The Iran war has led to high energy prices and pushed U.S. bond yields to record highs, with the 30-year yield reaching its highest level since 2002. The market currently expects the Federal Reserve to raise interest rates by nearly 1 percentage point over the next 12 months, which will further boost the dollar. "The dollar continues to be guided by U.S. economic data," said Jayati Bharadwaj, head of foreign exchange strategy at TD Securities. "The unexpected performance of U.S. economic data will be a directional signal for the trend of the U.S. dollar in the short term, and will also determine whether the Fed's interest rate hikes can meet market expectations."
Futures Market Intelligence 🕐 2026-09-30 08:55

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