The US dollar found its footing, stabilizing after long weeks of losses. What’s next? The team at CIBC already looks into the end of the year. Here is their view, courtesy of eFXnews: CIBC FX Strategy Research notes that policymakers in the US have appeared reasonably comfortable that inflation will start to heat up again. “…And even though it hasn’t shown much sign of doing so yet, the latest minutes revealed that the inflation debate only heated up a touch with only a handful more mentions compared with May. Most importantly, “many” still viewed the recent weakness as transitory. While it’s true that we’ve had one more soft CPI print since the Fed met, the comfort of many officials still keeps the possibility of a December rate hike very much alive – something that markets aren’t currently priced for,” CIBC adds. “As such, we could see a pause in US$ weakness over the second half of this year,” CIBC concludes. For lots more FX trades from major banks, sign up to eFXplus By signing up to eFXplus via the link above, you are directly supporting Forex Crunch. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next Tips to funding your forex trading account Adinah Brown 6 years The US dollar found its footing, stabilizing after long weeks of losses. What's next? The team at CIBC already looks into the end of the year. Here is their view, courtesy of eFXnews: CIBC FX Strategy Research notes that policymakers in the US have appeared reasonably comfortable that inflation will start to heat up again. "...And even though it hasn't shown much sign of doing so yet, the latest minutes revealed that the inflation debate only heated up a touch with only a handful more mentions compared with May. Most importantly, "many" still viewed the recent weakness as transitory. While… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
