
The WSJ Dollar Index fell a further 0.5% on Friday after a 2.2% slide on Thursday, its largest daily loss since March 2009. The weakness followed softer inflation data and bets that the Fed will slow its pace of rate increases.
ING cautioned that markets may be getting ahead of themselves on inflation peaking.
Expectations of slower Fed tightening are weakening the dollar, which tends to support dollar-priced commodities, though the trend could reverse if inflation proves sticky.
Setelah 1.637 peristiwa makro bearish sebelumnya, Dolar AS (Luas) bergerak median -0,2% selama 5 sesi (39% lebih tinggi; separuh tengah -0,6% sampai +0,3%), dan -0,2% selama 20 sesi.
Pergerakan benchmark setiap komoditas dari penutupan terakhir sebelum peristiwa. Pembacaan historis menggabungkan peristiwa serupa di masa lalu; itu menggambarkan apa yang terjadi, bukan apa yang akan terjadi. Bukan nasihat investasi.
The WSJ Dollar Index extended losses on Nov 11 after a 2.2% slide, reflecting bets on slower Fed hikes.