Dollar Strength and Fed Outlook (with Joumana)

Yields

implicit

RUT

Oil

Metals

explicit

OCBC Bank 7.5
Investment Bank $327.00B
Selena Lang 7.5

Dollar Strength and Fed Outlook (with Joumana)

dxy

Middle East tensions add to dollar allure in short term. Hawkish Fed minutes, fading labor market risks, and geopolitical uncertainty supporting dollar strength.

4 calls

no reliable edge (random outcomes)

1/20/2026 5:25:20 AM	medium term down	20 days later	-1.98%	+1.98%

ndx

Asian economies surprising to upside due to AI boom creating demand for high-end chips and data centers - growth momentum has legs to run in first half, suggesting positive tech sector outlook.

Dollar having best week in 4 months as traders pare back Fed cut expectations - how does this set up Fed for second half?

Joumana
Selena Lang

Labor market downside risks fading, inflation risks creeping higher, Fed in pause mode - Middle East tensions add to dollar allure in short term.

Markets still looking for one more cut from Fed and possibly second cut toward year-end - new Fed chair opens door after temporary pause.
Selena Lang

Geopolitical events tend to have temporary effect on financial markets - if no further deterioration, markets will settle back and reposition for structural trends.

Today we see reaction in oil and gold prices due to heightened alert on Iranian front, but should settle if no further escalation.
Selena Lang

Asian economies surprising to upside due to AI boom creating demand for high-end chips and data centers - growth momentum has legs to run in first half.

Asian central banks switching to pause mode, some looking at potential tightening in second half - removed expectations for rate cuts in some Asian countries.

SignalTube

markets at a glance