Current market conditions favour a stronger US dollar – MUFG DollarIndex Fed InterestRate Banks
aling back of expectations for an even larger 100 basis points hike later this month is the main reason for the USD pullback.“The pullback for the US dollar has been driven by a scaling back of expectations for the“While the scaling back of expectations for a 100 bps Fed hike later this month has taken some of the upward momentum out of the US dollar, we still believe that current market conditions favour a stronger US dollar.
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