empty
02.03.2023 10:54 AM
Will the Fed be able to control inflation?

This image is no longer relevant

The main component of the dollar's weakness yesterday was a report from China indicating that their manufacturing sector is growing strongly. It is an important component of China's economic recovery after its massive shutdown. Another factor putting bearish pressure on the dollar was the strength of the euro. Together, these fundamental events led to a 0.39% decline in the dollar.

Also, in the latest report from the Institute for Supply Management, U.S. manufacturing data shows that inflation continues to rise.

The ISM said on Wednesday that the manufacturing purchasing managers' index rose to 47.7% in February from 44.7% in January. These data coincided with the consensus forecast.

The report also noted that activity in the manufacturing sector continues to be at its lowest level since May 2020, when the global economy was forced to stop.

Values of such diffusion indices above 50% mean economic growth, and vice versa. The further away from 50%, higher or lower, the faster or slower the rate of change.

The report said that the price index rose to 51.3%. This is the first time in four months that U.S. producer prices have begun to rise.

Analysts say rising manufacturing prices could mean that the Federal Reserve will not be able to control inflation even as it continues to aggressively tighten monetary policy.

According to the CME FedWatch tool, there is a 73.8% chance that the Fed will raise rates by 25 basis points and 26.2% that the Fed will be more aggressive in raising rates by 50 basis points.

Looking at the components of the report, the new orders index climbed to 47% from 42.5% in January. At the same time, the production index fell to 47.3% from the previous 48%.

The labor market lost momentum, returning to a lower reading of 49.1% from 50.6% in January.

On such mixed data, the dollar is still holding its former positions with small deviations, reinforcing itself with the yield of 10-year bonds.

This image is no longer relevant

Yields on 10-year bonds topped 4% for the first time since October.

Irina Yanina,
Analytical expert of InstaForex
© 2007-2025
选择时间框架
5
分钟
15
分钟
30
分钟
1
小时
4
小时
1
1
通过InstaForex赚取加密货币汇率变动的收益。
下载MetaTrader 4并开启您的第一笔交易。
  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST

推荐文章

歐元/美元。分析與預測

今天,EUR/USD 貨幣對在上週五的下跌之後回升,目前在 1.1000 的心理關口下方交易,因為市場出現混合信號。 美元在從六個月低點反彈後的表現令人失望。

Irina Yanina 18:55 2025-04-07 UTC+2

XAU/USD 分析與預測

目前,黃金已經停止了從上週創歷史新高以來的修正性下跌。 最近全球金融市場的下挫,是由美國總統唐納德·特朗普發起的互相關稅引發的,這為作為避險資產品的黃金提供了支持。

Irina Yanina 18:52 2025-04-07 UTC+2

傑羅姆·鮑威爾尚未準備好進行干預

聯邦儲備局主席Jerome Powell在上週五的演講中明確表示,他不打算干預當前的市場發展,這讓投資者感到非常失望。 根據鮑威爾的說法,美國中央銀行不會急於應對特朗普政府的廣泛關稅,或因對全球經濟放緩的擔憂而引發的市場動盪。

Jakub Novak 11:11 2025-04-07 UTC+2

市場進一步陷入混亂(預期#SPX和#NDX將再次下跌)

全球市場崩盤持續進行中。由Donald Trump向世界大部分地區宣佈的貿易戰正如火如荼地展開。

Pati Gani 10:08 2025-04-07 UTC+2

市場空手而回

市場似乎已經達到底部; 但是, 從下面傳來了敲擊的聲音。因唐納德·特朗普的全面關稅引發的兩天拋售潮,成為自1957年廣泛股指成立以來史上第四嚴重的暴跌。

Marek Petkovich 09:44 2025-04-07 UTC+2

4月7日需要注意什麼?初學者基礎事件分析

本週一安排的宏觀經濟事件非常少。鑑於上週的發展,我們認為這些事件不會對任何一個貨幣對的走勢產生影響。

Paolo Greco 07:03 2025-04-07 UTC+2

歐元/美元每週前瞻:美國通脹報告和“大關稅”的命運

上週,歐元/美元貨幣對的交易範圍接近400點。週內最低點為1.0779,最高點為1.1147。

Irina Manzenko 06:13 2025-04-07 UTC+2

英鎊/美元匯率概覽——4月7日。英鎊在週五帶來重大驚喜

英鎊兌美元貨幣對於週三到週四間上升了280點,但在週五卻暴跌了340點。這類的「劇烈跳動」最近已經變得很常見。

Paolo Greco 03:23 2025-04-07 UTC+2

歐元/美元匯率概況 – 4月7日。非農數據和鮑威爾拯救了美元

歐元/美元貨幣對在週三和週四下跌了超過300個基點,但週五出現強勁的反彈。如果美元在週五繼續下跌,沒有人會感到驚訝。

Paolo Greco 03:23 2025-04-07 UTC+2

XAU/USD。分析與預測

連續第二天,金價吸引了一些賣家,儘管沒有明確的基本面催化劑導致下跌。最有可能的是,由於美國非農就業報告即將發布、以及美國美元因空頭回補而進行的修正行動所致。

Irina Yanina 11:50 2025-04-04 UTC+2
现在无法通话?
提出您的问题,用 在线帮助.
Widget callback
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.

We are sorry for any inconvenience caused by this message.