US Inflation

US Inflation

The Federal Reserve’s hawkish signals and increased optimism regarding the debt ceiling negotiations supported the dollar index’s recent gain to approximately 103.5 today, which is hovering at its highest level in two months. The dollar index has also risen by roughly 0.8% so far this week. It is expected to continue rising this week. Investors held out optimism that a deal would be made to raise the US debt ceiling in order to prevent a default. On Thursday, two Fed members stated that the US inflation does not appear to be slowing down quickly enough to allow the central bank to stop raising interest rates. The likelihood that the Fed will announce another 25 basis point raise next month is now estimated by the markets to be roughly 40%.

Use the Swap Hunter tool to make money from overnight swaps.

Don’t be charged overnight swaps anymore. Get paid swaps instead.

Hedge yourself against US inflation and globally rising interest rates.

Get in touch on our Telegram. Or any other Social Media platform to speak with one of our representatives.

Lots of data coming up that will affect US Inflation

Trade it with us using the Swap Hunter tool. Check out our different licences, click here.