NZDUSD H4 : Anticipated slowdown of the US economy, Its bearish.

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NZDUSD H4 : Anticipated slowdown of the US economy, Its bearish.


  • Anticipated slowdown of the US economy
  • The hurdle for raising rates this month is higher, implying fresh US Dollar falls
  • Dollar weakness will pick up pace during 2024 as market attention turns toward Fed rate cuts
  • Fed feels more comfortable with receding inflation
  • US Dollar's position as the primary global reserve currency is being challenged
  • America on verge of losing petrodollar privilege
  • Other regions may need to continue their crusade for inflation, reducing spreads of debt securities yields
  • Combination of lower Fed rate expectations and improved risk sentiment is quintessentially negative
  • No more Fed hikes, potentially lethal to the US Dollar
  • US economy to slip into recession, Fed eventually cut rates quicker than peer institutions


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