After the Christmas holidays, the main flow of macroeconomic news shifts to Asia. Meanwhile, the US dollar’s prospects continue to look favorable. On the one hand, the US Federal Reserve is now expected to cut rates by just 0.5% for next year.
Meanwhile, central banks of the eurozone, the United Kingdom, Japan, and Sweden plan to continue cutting their rates. In other words, currencies of the US dollar index may face significant depreciation risks.
However, financial authorities base their decisions on macroeconomic statistics, which could be surprising. Let’s find out which reports will be released on December 26 and 27 and how they may affect the markets.
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