Knowledge Diagram Navigation:

Spatial co-ordinations are initially random, and will automatically re-arrange to minimize complexity based on distance between relationships. Mouse down and drag to pan. Right click on the strategic diagram toggles between motion and stationary. Hover over abstract node (orange) to view abstractions. Hover over leaf node to view corresponding narrative. Left click on the leaf node expands the narrative to view full text.

Narrative Analysis - Report

Key Focus

Dollar eases, near 5-1/2 month high, on hawkish Fed outlook. . (Reuters) -The dollar slid from near 5-1/2-month highs on Wednesday after Federal Reserve officials reiterated the rate-cutting cycle was on hold pending new economic data, while the monetary easing outlook for major central banks remained little changed ...

A more hawkish view from the Fed has led Treasury yields to move higher and strengthened the dollar's outlook as the market consolidates prices around the current level ...

No momentum supporting factor found

No challenge supporting factor found

Work-in-progress supporting factors

(dollar,outlook,hawkish,fed)

(dollar,fed,hawkish,yields)

(dollar,fed,yields)

(dollar,hawkish,yields)

(dollar,outlook,fed,yields)

(dollar,outlook,hawkish,yields)

(dollar,outlook,yields)

(dollar,yields)

(fed,market,yields)

(fed,outlook,hawkish,yields)

(fed,outlook,yields)

(dollar,fed,hawkish,rate-cutting)

(dollar,fed,rate-cutting)

(dollar,hawkish,rate-cutting)

(dollar,outlook,fed,rate-cutting)

Time Period	Challenge	Momentum	WIP
Report	0.00	0.00	100.00

High Level Abstraction (HLA) combined

High Level Abstraction (HLA)	Report
(1) (dollar,outlook,hawkish,fed)	100.00
(2) (dollar,fed,hawkish,yields)	46.37
(3) (dollar,fed,yields)	43.32
(4) (dollar,hawkish,yields)	42.46
(5) (dollar,outlook,fed,yields)	41.13
(6) (dollar,outlook,hawkish,yields)	40.17
(7) (dollar,outlook,yields)	39.79
(8) (dollar,yields)	39.69
(9) (fed,market,yields)	39.41
(10) (fed,outlook,hawkish,yields)	38.84
(11) (fed,outlook,yields)	38.45
(12) (dollar,fed,hawkish,rate-cutting)	37.79
(13) (dollar,fed,rate-cutting)	34.73
(14) (dollar,hawkish,rate-cutting)	33.87
(15) (dollar,outlook,fed,rate-cutting)	32.54
(16) (dollar,outlook,hawkish,rate-cutting)	31.58
(17) (dollar,outlook,rate-cutting)	31.20
(18) (dollar,rate-cutting)	31.01
(19) (fed,hawkish,rate-cutting)	30.34
(20) (fed,outlook,hawkish,rate-cutting)	29.77
(21) (fed,outlook,rate-cutting)	29.39
(22) (fed,rate-cutting)	29.20
(23) (dollar,fed,hawkish,monetary)	28.72
(24) (dollar,fed,monetary)	25.86
(25) (dollar,hawkish,monetary)	25.00
(26) (dollar,outlook,fed,monetary)	23.38
(27) (dollar,outlook,hawkish,monetary)	22.52
(28) (dollar,outlook,monetary)	22.04
(29) (fed,hawkish,monetary)	21.76
(30) (fed,outlook,hawkish,monetary)	20.90
(31) (fed,outlook,monetary)	20.42
(32) (dollar,fed,hawkish,market)	20.04
(33) (dollar,fed,market)	17.27
(34) (dollar,hawkish,market)	16.22
(35) (dollar,outlook,fed,market)	14.60
(36) (dollar,outlook,hawkish,market)	13.55
(37) (dollar,outlook,market)	12.88
(38) (fed,outlook,hawkish,market)	12.69
(39) (fed,outlook,market)	12.02
(40) (dollar,fed,federal_reserve)	11.74
(41) (dollar,fed,hawkish,federal_reserve)	9.83
(42) (dollar,hawkish,federal_reserve)	8.11
(43) (dollar,outlook,fed,federal_reserve)	7.63
(44) (dollar,outlook,federal_reserve)	5.82
(45) (dollar,outlook,hawkish,federal_reserve)	5.63
(46) (fed,hawkish,federal_reserve)	5.44
(47) (fed,outlook,federal_reserve)	4.96
(48) (fed,outlook,hawkish,federal_reserve)	4.77
(49) (dollar,euro,year-to-date)	4.48
(50) (dollar,year-to-date)	4.39
(51) (dollar,euro,five-month)	4.29
(52) (dollar,yen)	4.10
(53) (fed,market,quarter-point)	3.91
(54) (fed,market,hawkish)	3.72
(55) (fed,market,consolidates)	2.96
(56) (fed,hawkish,yields)	1.91
(57) (fed,yields)	1.81
(58) (fed,economic)	1.72
(59) (fed,wizman)	1.62
(60) (yen,japan)	1.53
(61) (yen,market,japan)	1.43
(62) (yen,market,spending)	1.34
(63) (yen,spending)	1.15
(64) (yen,market,short-covering)	1.05
(65) (yen,short-covering)	0.86
(66) (yen,market,rebound)	0.76
(67) (yen,rebound)	0.57
(68) (yen,intervened)	0.48
(69) (yen,market,intervened)	0.38
(70) (yen,market,hedge)	0.29
(71) (yen,market,boj)	0.19
(72) (yen,interest)	0.10

Supporting narratives:

Please refer to knowledge diagram for a complete set of supporting narratives.

WIP - Back to HLA

Dollar eases, near 5-1/2 month high, on hawkish Fed outlook. . (Reuters) -The dollar slid from near 5-1/2-month highs on Wednesday after Federal Reserve officials reiterated the rate-cutting cycle was on hold pending new economic data, while the monetary easing outlook for major central banks remained little changed ...
High Level Abstractions:

(dollar,outlook,hawkish,fed)
Inferred entity relationships (23)
(dollar,fed,federal_reserve,hawkish) [inferred]
(dollar,fed,rate-cutting) [inferred]
(fed,hawkish,market,outlook) [inferred]
(dollar,fed,yields) [inferred]
(fed,hawkish,monetary) [inferred]
(dollar,fed,outlook,yields) [inferred]
(dollar,fed,hawkish,monetary) [inferred]
(dollar,fed,federal_reserve,outlook) [inferred]
(fed,hawkish,outlook,yields) [inferred]
(dollar,fed,market,outlook) [inferred]
(dollar,fed,hawkish,market) [inferred]
(fed,hawkish,outlook,rate-cutting) [inferred]
(dollar,fed,outlook,rate-cutting) [inferred]
(dollar,fed,hawkish,yields) [inferred]
(dollar,fed,monetary) [inferred]
(dollar,fed,monetary,outlook) [inferred]
(fed,hawkish,yields) [inferred]
(fed,hawkish,market) [inferred]
(fed,hawkish,monetary,outlook) [inferred]
(dollar,fed,federal_reserve) [inferred]
(fed,hawkish,rate-cutting) [inferred]
(dollar,fed,market) [inferred]
(dollar,fed,hawkish,rate-cutting) [inferred]

WIP - Back to HLA

A more hawkish view from the Fed has led Treasury yields to move higher and strengthened the dollar's outlook as the market consolidates prices around the current level ...
High Level Abstractions:

(dollar,hawkish,yields)
(dollar,outlook,hawkish,fed)
(dollar,outlook,hawkish,yields)
(fed,market,yields)
(fed,outlook,yields)
(fed,outlook,hawkish,yields)
(dollar,outlook,fed,yields)
(dollar,fed,hawkish,yields)
(dollar,yields)
(dollar,outlook,yields)
(fed,market,hawkish)
(dollar,fed,yields)
Inferred entity relationships (38)
(fed,outlook,yields) [inferred]
(dollar,fed,rate-cutting) [inferred]
(fed,hawkish,market,outlook) [inferred]
(dollar,hawkish,market,outlook) [inferred]
(dollar,fed,yields) [inferred]
(dollar,fed,outlook,yields) [inferred]
(dollar,fed,federal_reserve,outlook) [inferred]
(dollar,fed,hawkish,market) [inferred]
(fed,hawkish,outlook,rate-cutting) [inferred]
(dollar,fed,monetary) [inferred]
(fed,hawkish,market) [inferred]
(dollar,hawkish,monetary,outlook) [inferred]
(fed,market,quarter-point) [inferred]
(fed,yields) [inferred]
(dollar,hawkish,outlook,rate-cutting) [inferred]
(dollar,hawkish,yields) [inferred]
(dollar,fed,hawkish,rate-cutting) [inferred]
(dollar,hawkish,market) [inferred]
(dollar,fed,federal_reserve,hawkish) [inferred]
(dollar,hawkish,monetary) [inferred]
(fed,hawkish,monetary) [inferred]
(dollar,fed,hawkish,outlook) [inferred]
(dollar,fed,hawkish,monetary) [inferred]
(fed,hawkish,outlook,yields) [inferred]
(dollar,fed,market,outlook) [inferred]
(dollar,hawkish,rate-cutting) [inferred]
(fed,market,outlook) [inferred]
(dollar,fed,outlook,rate-cutting) [inferred]
(dollar,fed,hawkish,yields) [inferred]
(dollar,hawkish,outlook,yields) [inferred]
(dollar,fed,monetary,outlook) [inferred]
(fed,hawkish,yields) [inferred]
(fed,hawkish,monetary,outlook) [inferred]
(dollar,fed,federal_reserve) [inferred]
(fed,outlook,rate-cutting) [inferred]
(fed,hawkish,rate-cutting) [inferred]
(dollar,fed,market) [inferred]
(dollar,outlook,rate-cutting) [inferred]

WIP - Back to HLA

(Reuters) -The dollar slid from near 5-1/2-month highs on Wednesday after Federal Reserve officials reiterated the rate-cutting cycle was on hold pending new economic data, while the monetary easing outlook for major central banks remained little changed ...
High Level Abstractions:

(dollar,outlook,hawkish,federal_reserve)
(fed,hawkish,federal_reserve)
(fed,economic)
(dollar,outlook,federal_reserve)
(fed,rate-cutting)
(dollar,fed,federal_reserve)
(dollar,outlook,fed,federal_reserve)
(dollar,fed,rate-cutting)
(dollar,hawkish,federal_reserve)
(dollar,fed,hawkish,federal_reserve)
(fed,outlook,rate-cutting)
(dollar,fed,hawkish,rate-cutting)
(fed,outlook,hawkish,rate-cutting)
(dollar,hawkish,rate-cutting)
(dollar,rate-cutting)
(dollar,outlook,rate-cutting)
(fed,outlook,federal_reserve)
(dollar,outlook,hawkish,rate-cutting)
(fed,outlook,hawkish,federal_reserve)
(dollar,outlook,fed,rate-cutting)
(fed,hawkish,rate-cutting)
Inferred entity relationships (42)
(fed,outlook,yields) [inferred]
(dollar,fed,rate-cutting) [inferred]
(fed,hawkish,market,outlook) [inferred]
(dollar,hawkish,market,outlook) [inferred]
(dollar,fed,yields) [inferred]
(dollar,fed,outlook,yields) [inferred]
(dollar,fed,federal_reserve,outlook) [inferred]
(dollar,outlook,yields) [inferred]
(fed,rate-cutting) [inferred]
(dollar,fed,hawkish,market) [inferred]
(fed,hawkish,outlook,rate-cutting) [inferred]
(dollar,fed,monetary) [inferred]
(fed,hawkish,market) [inferred]
(dollar,hawkish,monetary,outlook) [inferred]
(dollar,federal_reserve,hawkish) [inferred]
(dollar,hawkish,outlook,rate-cutting) [inferred]
(dollar,federal_reserve,outlook) [inferred]
(dollar,hawkish,yields) [inferred]
(dollar,fed,hawkish,rate-cutting) [inferred]
(dollar,hawkish,market) [inferred]
(dollar,fed,federal_reserve,hawkish) [inferred]
(dollar,hawkish,monetary) [inferred]
(fed,hawkish,monetary) [inferred]
(dollar,fed,hawkish,outlook) [inferred]
(dollar,fed,hawkish,monetary) [inferred]
(fed,hawkish,outlook,yields) [inferred]
(dollar,fed,market,outlook) [inferred]
(dollar,hawkish,rate-cutting) [inferred]
(dollar,fed,outlook,rate-cutting) [inferred]
(dollar,fed,hawkish,yields) [inferred]
(dollar,hawkish,outlook,yields) [inferred]
(dollar,fed,monetary,outlook) [inferred]
(fed,hawkish,yields) [inferred]
(fed,federal_reserve,outlook) [inferred]
(fed,hawkish,monetary,outlook) [inferred]
(dollar,fed,federal_reserve) [inferred]
(fed,federal_reserve,hawkish) [inferred]
(fed,outlook,rate-cutting) [inferred]
(fed,hawkish,rate-cutting) [inferred]
(dollar,federal_reserve,hawkish,outlook) [inferred]
(fed,federal_reserve,hawkish,outlook) [inferred]
(dollar,fed,market) [inferred]

WIP - Back to HLA

(Reuters) -The dollar slid from near 5-1/2-month highs on Wednesday after Federal Reserve officials reiterated the rate-cutting cycle was on hold pending new economic data, while the monetary easing outlook for major central banks remained little changed. ...
High Level Abstractions:

(dollar,hawkish,monetary)
(fed,hawkish,monetary)
(fed,outlook,monetary)
(dollar,outlook,fed,monetary)
(dollar,outlook,monetary)
(dollar,fed,monetary)
(dollar,outlook,hawkish,monetary)
(fed,outlook,hawkish,monetary)
(dollar,fed,hawkish,monetary)
Inferred entity relationships (33)
(fed,monetary,outlook) [inferred]
(dollar,fed,federal_reserve,hawkish) [inferred]
(dollar,hawkish,monetary) [inferred]
(dollar,fed,rate-cutting) [inferred]
(fed,hawkish,market,outlook) [inferred]
(dollar,hawkish,market,outlook) [inferred]
(dollar,fed,yields) [inferred]
(fed,hawkish,monetary) [inferred]
(dollar,fed,outlook,yields) [inferred]
(dollar,fed,hawkish,outlook) [inferred]
(dollar,fed,hawkish,monetary) [inferred]
(dollar,fed,federal_reserve,outlook) [inferred]
(fed,hawkish,outlook,yields) [inferred]
(dollar,fed,market,outlook) [inferred]
(dollar,hawkish,rate-cutting) [inferred]
(dollar,fed,hawkish,market) [inferred]
(fed,hawkish,outlook,rate-cutting) [inferred]
(dollar,fed,outlook,rate-cutting) [inferred]
(dollar,fed,hawkish,yields) [inferred]
(dollar,fed,monetary) [inferred]
(dollar,hawkish,outlook,yields) [inferred]
(dollar,fed,monetary,outlook) [inferred]
(fed,hawkish,yields) [inferred]
(fed,hawkish,market) [inferred]
(fed,hawkish,monetary,outlook) [inferred]
(dollar,hawkish,monetary,outlook) [inferred]
(dollar,fed,federal_reserve) [inferred]
(fed,hawkish,rate-cutting) [inferred]
(dollar,fed,market) [inferred]
(dollar,hawkish,outlook,rate-cutting) [inferred]
(dollar,hawkish,yields) [inferred]
(dollar,fed,hawkish,rate-cutting) [inferred]
(dollar,hawkish,market) [inferred]

WIP - Back to HLA

A more hawkish view from the Fed has led Treasury yields to move higher and strengthened the dollar's outlook as the market consolidates prices around the current level. ...
High Level Abstractions:

(dollar,fed,market)
(dollar,hawkish,market)
(fed,market,consolidates)
(dollar,fed,hawkish,market)
(dollar,outlook,market)
(dollar,outlook,hawkish,market)
(dollar,outlook,fed,market)
(fed,outlook,market)
(fed,outlook,hawkish,market)
Inferred entity relationships (35)
(dollar,fed,federal_reserve,hawkish) [inferred]
(dollar,hawkish,monetary) [inferred]
(dollar,fed,rate-cutting) [inferred]
(fed,hawkish,market,outlook) [inferred]
(dollar,hawkish,market,outlook) [inferred]
(dollar,fed,yields) [inferred]
(fed,hawkish,monetary) [inferred]
(dollar,fed,outlook,yields) [inferred]
(dollar,fed,hawkish,outlook) [inferred]
(dollar,fed,hawkish,monetary) [inferred]
(dollar,fed,federal_reserve,outlook) [inferred]
(fed,hawkish,outlook,yields) [inferred]
(dollar,fed,market,outlook) [inferred]
(dollar,hawkish,rate-cutting) [inferred]
(fed,hawkish,outlook,rate-cutting) [inferred]
(dollar,fed,hawkish,market) [inferred]
(fed,market,outlook) [inferred]
(dollar,fed,outlook,rate-cutting) [inferred]
(dollar,fed,hawkish,yields) [inferred]
(dollar,fed,monetary) [inferred]
(dollar,hawkish,outlook,yields) [inferred]
(dollar,fed,monetary,outlook) [inferred]
(fed,hawkish,yields) [inferred]
(fed,hawkish,market) [inferred]
(fed,hawkish,monetary,outlook) [inferred]
(fed,market,yields) [inferred]
(dollar,hawkish,monetary,outlook) [inferred]
(fed,market,quarter-point) [inferred]
(dollar,fed,federal_reserve) [inferred]
(fed,hawkish,rate-cutting) [inferred]
(dollar,fed,market) [inferred]
(dollar,hawkish,outlook,rate-cutting) [inferred]
(dollar,hawkish,yields) [inferred]
(dollar,fed,hawkish,rate-cutting) [inferred]
(dollar,hawkish,market) [inferred]

WIP - Back to HLA

. The dollar index is up about 4.7% year-to-date, while the euro is down roughly 3.5%. ...
High Level Abstractions:

(dollar,year-to-date)
(dollar,euro,year-to-date)
Inferred entity relationships (1)
(dollar,euro,five-month) [inferred]

WIP - Back to HLA

currency against six major peers, was down 0.24% after hitting a five-month high on Tuesday, and the euro rose 0.34% to $1.0653. ...
High Level Abstractions:

(dollar,euro,five-month)
Inferred entity relationships (1)
(dollar,euro,year-to-date) [inferred]

WIP - Back to HLA

European Central Bank policymakers continued to make the case for an interest rate cut in June on Tuesday as inflation remains on course to ease back to 2% by next year, even if the path for prices still proves bumpy.. . Yen worries. . The yen strengthened 0.23% at 154.37 per dollar, just below 154.79 per dollar reached on Tuesday, its weakest level in 34 years ...
High Level Abstractions:

(dollar,yen)

WIP - Back to HLA

consumer prices, the market has reduced the number of quarter-point rate cuts expected by the Fed this year to less than two. ...
High Level Abstractions:

(fed,market,quarter-point)
Inferred entity relationships (2)
(fed,market,yields) [inferred]
(fed,market,outlook) [inferred]

WIP - Back to HLA

. A more hawkish view from the Fed has led Treasury yields to move higher and strengthened the dollar's outlook as the market consolidates prices around the current level ...
High Level Abstractions:

(fed,hawkish,yields)
(fed,yields)
Inferred entity relationships (7)
(fed,hawkish,monetary,outlook) [inferred]
(fed,hawkish,outlook,yields) [inferred]
(fed,hawkish,rate-cutting) [inferred]
(fed,hawkish,outlook,rate-cutting) [inferred]
(fed,hawkish,market,outlook) [inferred]
(fed,hawkish,monetary) [inferred]
(fed,hawkish,market) [inferred]

WIP - Back to HLA

economic data, unlike China and Europe, is still fairly robust, Wizman added.. . "The Fed does not have to worry too much about those economies as much as they need to worry about full employment in the U.S ...
High Level Abstractions:

(fed,wizman)

WIP - Back to HLA

Hedge funds have built up their biggest bet against the yen in 17 years, raising the prospect that when Japan's embattled currency does rebound, the short-covering rally could be a powerful one ...
High Level Abstractions:

(yen,japan)
(yen,market,japan)

WIP - Back to HLA

Japan last intervened in the currency market in 2022, spending an estimated $60 billion to defend the yen.. . Hedge funds have built up their biggest bet against the yen in 17 years, raising the prospect that when Japan's embattled currency does rebound, the short-covering rally could be a powerful one ...
High Level Abstractions:

(yen,market,hedge)
(yen,market,spending)
(yen,spending)
Inferred entity relationships (1)
(spending,yen) [inferred]

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Hedge funds have built up their biggest bet against the yen in 17 years, raising the prospect that when Japan's embattled currency does rebound, the short-covering rally could be a powerful one. ...
High Level Abstractions:

(yen,short-covering)
(yen,market,rebound)
(yen,rebound)
(yen,market,short-covering)
Inferred entity relationships (2)
(rebound,yen) [inferred]
(short-covering,yen) [inferred]

WIP - Back to HLA

Japan last intervened in the currency market in 2022, spending an estimated $60 billion to defend the yen. ...
High Level Abstractions:

(yen,intervened)
(yen,market,intervened)

WIP - Back to HLA

Market participants believe that as long as the fall in yen is gradual and led by fundamentals, the probability of a BOJ intervention is low. ...
High Level Abstractions:

(yen,market,boj)

WIP - Back to HLA

European Central Bank policymakers continued to make the case for an interest rate cut in June on Tuesday as inflation remains on course to ease back to 2% by next year, even if the path for prices still proves bumpy. ...
High Level Abstractions:

(yen,interest)

Semantics Relevance

Dollar eases, near 5-1/2 month high, on hawkish Fed outlook