TD Securities: The recent rally of the US dollar is unlikely to last, it may decline by the end of the year
According to a report by Golden Ten Data, TD Securities strategists stated that, due to the energy price shock caused by the Iran war, the recent rise of the US dollar may be less sustainable than in 2022. They pointed out that during the 2022 Russia-Ukraine conflict, oil prices surged and the dollar appreciated slowly but steadily, and continued to strengthen even after oil prices dropped. TD Securities expects that if inflation slows, the Federal Reserve will consider resuming interest rate cuts in the third quarter of 2026, and the US dollar is expected to decline by the end of the year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Piper Sandler lowers General Mills target price to $35
Major Crypto ETFs Bled $1.5 Billion While Wall Street Went Dip Shopping
"Big Short" Burry increases short positions on Nasdaq 100 and semiconductors, says Nvidia (NVDA.US) influence may enter a "new paradigm"
"The Big Short" Michael Burry has increased his bearish bets on the Nasdaq 100 Index and semiconductor stocks.
Duan Yongping: Currently will not sell Nvidia, and in the future Jensen Huang may return as a “shadow CEO”
Duan Yongping has made it clear that he will not sell Nvidia and sold a large number of put options on the day the news was released. Nvidia may invite Jensen Huang to serve as an advisor, taking on a “shadow CEO” role to retain his influence, but he would no longer have signing authority. Whether this scenario materializes will likely only become clear after the hearing concludes.
Crypto prices
More
