Deutsche Bank sees dollar weakening 6% by end-2026 amid deficit concerns

Deutsche Bank sees dollar weakening 6% by end-2026 amid deficit concerns
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Deutsche Bank sees dollar weakening 6% by end-2026 amid deficit concerns
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AUD/USD forecast remains up as the pair climbs near 0.6630 amid stronger-than-expected Australian CPI data. The Fed remains cautious on rate cuts, with Powell stressing inflation risks, while Bowman advocates for faster easing to protect the labor market. The RBA is seen as more hawkish than the Fed, with Barclays forecasting the AUD/USD to break…
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Annual inflation in Germany declined slightly to 2.2% in March. EUR/USD continues to trade in daily range above 1.0800. Inflation in Germany, as measured by the change in the Consumer Price Index (CPI), edged lower to 2.2% on a yearly basis in March from 2.3% in February, Destatis’ flash estimate showed on Monday. On a…
DLF continues its bullish trajectory as it progresses through the last stages of a multi-year Elliott Wave impulse, with higher highs still expected in the coming months. DLF Ltd (NSE: DLF) continues to show strong bullish momentum. The stock appears to be unfolding the final leg of a long-term Elliott Wave impulse. Based on the…
The Dow Jones is clawing back recent losses as investor sentiment continues to climb. Traders continue to bank on an eventual walk back of the Trump team’s sky-high tariff threats. Trade deals remain limited, and the August 1 deadline is approaching fast. The Dow Jones Industrial Average (DJIA) rebounded on Friday, recovering its footing after…
AUD/USD is hanging out near a key inflection point in the 4-hour time frame! Is the pair gearing up to extend a longer-term trend? Here’s what we’re seeing! AUD/USD 4-hour Forex Chart by TradingView The Australian dollar took a hit yesterday after Uncle Sam’s inflation report backed the Fed’s wait-and-see stance, reinforcing the higher-for-longer rate…