Lejupielādēt lietotni
29 May 2025,06:30
Daily Market Analysis
29 May 2025, 06:30
Key Takeaways:
*Dollar Index extends gains following strong U.S. economic data and improving risk sentiment.
*Trade policy uncertainty remains, despite a legal blow to Trump’s tariff agenda.
*Fed minutes in focus for clues on future interest rate decisions.
The Dollar Index, which tracks the greenback against a basket of six major currencies, extended its upward momentum as investors continue to digest a batch of stronger-than-expected U.S. economic data. However, concerns remain over fiscal sustainability and trade policy direction, especially after a recent U.S. trade court ruling struck down President Donald Trump’s use of emergency powers to impose global tariffs.
Market participants are now turning their attention to the Federal Reserve’s May meeting minutes, due later today, which could provide further insights into the central bank’s interest rate path.
Minneapolis Fed President Neel Kashkari urged caution, advocating for keeping rates steady until the inflationary impact of new tariffs becomes clearer. He warned against “looking through” supply-driven price shocks, suggesting a dovish tone within the Fed could emerge.
The recent legal setback to Trump’s trade policies has also raised hopes for de-escalation in global trade tensions, further improving investor risk appetite.
Dollar_,index, 4-Hour Chart:
The Dollar Index is currently testing resistance at 100.55 after a strong bullish run. Technical indicators are flashing overbought signals:
A breakout above 100.55 could open the door to further upside toward 101.90. Conversely, failure to break through resistance may result in a pullback toward the support zone near 99.40.
Resistance Levels: 100.55, 101.90
Support Levels: 99.40, 98.80
Tirgojieties ar valūtu, indeksiem, metāliem un citiem instrumentiem ar nozarē zemiem sprediem un zibensātru izpildi.
Reģistrējies
PU Prime
reāllaika kontam ar mūsu vienkāršo un ērto procesu.Ērti finansē savu kontu, izmantojot plašu maksājumu kanālu un pieņemto valūtu klāstu.
Iegūsti piekļuvi simtiem instrumentu ar tirgū vadošiem tirdzniecības nosacījumiem.
Tirdzniecības platformas
Uzzināt
Par PU Prime
Korporatīvais
Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.
Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.
By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.
Thank You for Your Acknowledgement!
Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.
Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.
Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.
Thank You for Your Acknowledgement!
