FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Asian Currencies Edge Higher as Markets Look to Fed Rate Cut; Rupee Steadies Near Record Lows 
Dollar Holds Steady as Markets Shift Focus to 2026 Rate Cut Expectations 
BOJ Governor Ueda Highlights Uncertainty Over Future Interest Rate Hikes 
U.S. Futures Steady as Rate-Cut Bets Rise on Soft Labor Data 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Asian Markets Mixed as RBI Cuts Rates and BOJ Signals Possible Hike 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
We, at FxWirePro, have been calling for selloffs in the dollar for quite some time now. This chart from Bloomberg, shared by Paul Dobson shows the continued weakness in the green buck. The dollar has given up all of its post-Brexit referendum gains and now is back to pre-Brexit lows.
Current rate hike path, unless upgraded, is much softer than estimated back in 2014 and not sustainable for the dollar to remain strong.
