US Dollar rally should continue this week on signs of persistent inflation – BBH
Source Fxstreet
Analysts at BBH note that the US Dollar is trading softer ahead of Wednesday's inflation data.
Dollar rally should continue this week
"DXY is trading lower for the second straight day near 104.032. The euro is trading higher near $1.0870 while sterling is trading higher near $1.2685. USD/JPY is trading lower near 151.80 after being unable to break above the 152 area on continued jawboning."
"The dollar rally should continue this week on signs of persistent inflation and robust growth in the US. The US data continue to come in mostly firmer and should keep upward pressure on US yields. We believe that while market easing expectations have adjusted somewhat already, there is still room to go. When the market finally capitulates on the Fed, the dollar should gain further."
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
After a turbulent 2025, what lies ahead for commodities, forex, and cryptocurrency markets in 2026?
Silver price corrects almost 6% to near $86.50 during the Asian trading session on Thursday.
Standard Chartered lifts Ethereum call to $7,500, arguing institutional demand could leave Bitcoin trailingStandard Chartered raised its year-end Ethereum target to $7,500 (from $4,000), citing institutional demand, while projecting $25,000 by 2028 and scenarios toward $40,000 by 2030 amid ETF- and treasury-driven accumulation.
Standard Chartered raised its year-end Ethereum target to $7,500 (from $4,000), citing institutional demand, while projecting $25,000 by 2028 and scenarios toward $40,000 by 2030 amid ETF- and treasury-driven accumulation.
Bitcoin nears two-month highs with key indicators signaling potential for further gains as it targets $101,000.
Gold Price Forecast: XAU/USD surges to all-time high above $4,650 amid Greenland tariff threatsGold price (XAU/USD) rises to a fresh record high near $4,675 during the early Asian session on Monday. The precious metal gains momentum after US President Donald Trump said he would slap tariffs on eight European nations that have opposed his plan to take Greenland.
Gold price (XAU/USD) rises to a fresh record high near $4,675 during the early Asian session on Monday. The precious metal gains momentum after US President Donald Trump said he would slap tariffs on eight European nations that have opposed his plan to take Greenland.
Related Instrument
