Economic calendar for the week 04.12.2023 – 10.12.2023

After falling sharply in the previous few weeks, the dollar has remained under pressure. The main reason is the latest inflation data in the US, which has indicated a further slowdown. This significantly reduced the likelihood of a new interest rate increase in the US and the chances of market participants betting on further strengthening of the dollar, after it almost reached 106.00 in the DXY index in anticipation of the publication of the October inflation data in the US. In October it even exceeded 107.00 – the highest value since December 2022.

The next Fed meeting will take place… Read full author’s opinion and review in blog of #LiteFinance