Uncertainty over Fed's Rate Path Could Weigh on Dollar

Dow Jones
08/11

0823 GMT - The dollar is at risk of falling given the lack of confidence in how the Federal Reserve will respond to the energy-price shock driven by the Middle East conflict, MUFG Bank's Derek Halpenny says in a note. Fed Chairman Kevin Warsh has failed to provide any clear signals about potential interest-rate rises as he refrains from forward guidance. Concerns that the Fed could keep rates on hold despite underlying inflation remaining elevated is causing a steepening of the Treasury yield curve where the gap between long-term and short-term yields widens as long-term yields stay elevated, Halpenny says. The DXY dollar index rises 0.1% to 99.895. The 10-year Treasury yield rises to an 11-day high of 4.7354%, LSEG data show.

 

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10