Global Markets Daily: Policy Divergence Drives G10 FX Trading - 富途牛牛
From the original
Global Markets Daily: Policy Divergence Drives G10 FX Trading 富途牛牛
Related speeches
4 itemsFX Implications of Global Reflation: Central Bank Divergence Drives Exchange Rate Trends - 富途牛牛
FX Daily: Fading geopolitical risk, focus on rate differentials
G10 FX Talking: The narrow path to a weaker dollar
The desk views a potential for the U.S. dollar to weaken, hinging on the Federal Reserve's decision to refrain from raising interest rates in September, if supported by softening U.S. CPI data. Per the full note, this dovish Fed stance could lead to modest bullish steepening in the U.S. yield curve and a weaker dollar against procyclical currencies like the euro. This outlook is predicated on market expectations, which suggest a less than 30% chance of a rate hike, thereby allowing the Fed to maintain control over long-dated Treasury yields. Consensus for EUR/USD points to a dual year-end target of 1.20, showing market readiness for a dollar decline in a risk-positive environment.
United States Dollar: Policy divergence and risk sentiment – BNY - TMGM
More like this
5 itemsGBP/USD Price Forecast: Declines to near 1.3250 as bearish bias persists below 100-day moving average - FXStreet
Pound To Dollar Price News, Forecast: GBP Eyes 1.33 After Inflation Miss - Exchange Rates UK
GBP/USD, Oil Forecast: 2 Trades to Watch - Investing.com UK
Pound To Dollar Price News, Forecast: Hotter US Inflation May Push US Higher - Exchange Rates UK