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BK's Lien on if U.S. dollar dropping to three-year lows is more serious than a short-term correction
CNBC Television· 2025-06-12 21:55
Dollar Weakness Drivers - The dollar's longer-term downtrend is driven by cyclical and structural changes, including slowing growth and inflation, and the current account deficit [2][3] - Unexpected softness in inflation data has recently accelerated dollar weakness, shifting expectations towards more aggressive rate cuts from the Federal Reserve next year [3] - Reduction in global demand for assets may be contributing to dollar weakness [4] Market Factors and Events - Upcoming US retail sales report and Federal Reserve rate decision are important news events for the dollar [5] - Potential details on unilateral tariffs from the Trump administration could cause a near-term safe haven bid in the dollar [6] - The Federal Reserve may eventually push the button on rate cuts in Q4 [6] Yen and Central Bank Policy - BOJ (Bank of Japan) has been unpredictable and unconventional, with yen volatility creating trading opportunities [7][8] - Tariffs influenced BOJ's decision-making regarding interest rates [8]
UBS and ANZ raise their gold target to $3,200/oz as bullion gets a further boost from geopolitics, tariffs and rate cuts
KITCO· 2025-03-18 15:56
Core Points - The article discusses the expertise of Ernest Hoffman in the field of crypto and market reporting, highlighting his extensive experience and contributions to media and economic news [2] Group 1 - Ernest Hoffman has over 15 years of experience as a writer, editor, broadcaster, and producer [2] - He began working in market news in 2007 and established a fast web-based audio news service [2] - Hoffman produced economic news videos in partnership with MSN and the TMX [2]