Dollar Boosted by Higher T-note Yields

The dollar index (DXY00) increased today by +0.37 %. The dollar is rising today higher due to the increase in the revenue of festival inflammation, which strengthened the interest rate teams in dollars. Also, the weakness in the euro today supports the dollar after the US/US dollar drop to the lowest level in 3 weeks.

The gains in the dollar are limited due to concern about the independence of the Federal Reserve and Fears of the Capital Flight as President Trump moved to shoot the Federal Reserve Governor Lisa Cook. If Mr. Trump succeeds in shooting the ruler of the Federal Reserve, foreign investors may lose their confidence in the Federal Reserve and the dollar and exchange their assets in dollars in an unanimous investment.

The head of the Federal Reserve in New York said that the US economy is slowing, not suspended, and is optimistic about the state of the economy. He added that every FOMC meeting is “direct” for interest rates and that at some point, it will be appropriate for us to control prices down, as we remain in a “modest restricted” position on politics.

Future prices in federal funds make the chances of reducing the interest rate -25 basis points by 87 % at the FOMC meeting from 16 to 17 September and 52 % to reduce the second interest rate from 25 basis points on 28-29 October.

Euro/USD (^Eurusd) today decreased by -0.43 % at the lowest level in 3 weeks. The euro was subjected to pressure today after the German consumer confidence survey was unexpectedly decreased to the lowest level in 5 months. Also, the political turmoil in France is declining to the euro, following the invitation of French Prime Minister Bayro to obtain a vote on confidence that could drop his government as soon as possible next month.

On the geopolitical front, diplomatic efforts to end the war in Ukraine remain far, as the United States is trying to mediate a peace agreement between the two countries. On Sunday, Russian Foreign Minister Lavrov said that there was no planned meeting between the leaders of Russia and Ukraine and that “there should be an agenda” before the meeting was held. “This agenda is not ready at all.” The result can have the effects of the macroeconomic economy with regard to tariffs and oil prices, and of course, it can have severe consequences for European security.

Exchanging barters at a chance of 2 % of the average -25 basis points by the European Central Bank at the September 11 policy meeting.