O Mitrade Insights dedica-se a fornecer aos investidores informações financeiras ricas, oportunas e valiosas para ajudá-los a entender a situação do mercado e encontrar oportunidades de negociação oportunas.
    2021
    Melhor Provedor de Notícias e Análise
    FxDailyInfo
    2022
    Melhores Recursos Educacionais de Forex Global
    International Business Magazine

    USD to become more attractive as the gap between US GDP and other currency areas widens – Commerzbank

    Fonte Fxstreet
    26/01/2024 10:49

    On Thursday, the US Bureau of Economic Analysis published the figures for the US GDP in Q4/2023. Economists at Commerzbank analyze Dollar’s outlook after another clear upside surprise on the US macro data front.

    US Q4 GDP jumped another solid 3.3% 

    Thursday's figure (+3.3% annualized, price and seasonally adjusted) makes it quite clear that the stellar performance of the US economy continued in the final quarter of last year. It is particularly ‘stellar’ compared to the performance of other currency areas, even if their Q4/2023 figures are still largely missing.

    This benefits the Dollar. For two reasons: (1) A robust economy makes it easier for the Fed to remain restrictive for a while longer, i.e. not to cut its key interest rate just yet. (2) Japan's GDP continues to crawl around at pre-corona levels, while Europe's GDP appears to have been stagnant for some time. Dynamic US growth is the big exception among the major currency areas. 

    It is possible to believe that the US economy has a structural growth advantage in the post-Corona world. If this were the case, it would be an additional argument in favor of the Dollar. It is far from clear whether this is the case. But every quarter that the gap between the US GDP and the GDP trajectories of other currency areas widens, this view becomes more attractive.

     

    Isenção de responsabilidade: Apenas para fins informativos. O desempenho passado não é indicativo de resultados futuros.
    placeholder
    USD may find it hard to advance significantly – ScotiabankThe US Dollar Index (DXY) is down modestly on the session so far but is heading for a mild gain on the week.
    Fonte  Fxstreet
    The US Dollar Index (DXY) is down modestly on the session so far but is heading for a mild gain on the week.
    placeholder
    US Dollar trades neutral while the US commemorates Presidents’ DayThe US Dollar (USD) measured by the Dollar Index (DXY) stands neutral around 104.30 with American traders on the sidelines celebrating the US Presidents’ Day and markets digesting the Producer Price Index (PPI) data from last Friday.
    Fonte  Fxstreet
    The US Dollar (USD) measured by the Dollar Index (DXY) stands neutral around 104.30 with American traders on the sidelines celebrating the US Presidents’ Day and markets digesting the Producer Price Index (PPI) data from last Friday.
    placeholder
    USD’s strength could last for a while – CommerzbankThe US Dollar (USD) raced higher after strong US inflation numbers on Tuesday.
    Fonte  Fxstreet
    The US Dollar (USD) raced higher after strong US inflation numbers on Tuesday.
    goTop
    quote