US dollar: A tactical selloff needs a clear shift to a more accommodative Fed – Goldman Sachs DollarIndex Fed CentralBanks Banks
"A convincing turn in the Dollar will likely require more calming inflation news and more balanced Fed policy. While some of the very recent news on inflation has been encouraging, we think a tactical Dollar selloff will require some acknowledgement of this by Fed officials this week.”
"At the meeting this week, we will primarily be focused on whether officials broaden that criteria to put more focus on slowing activity data. Until that shift is clearer, it will be difficult for the market to price a more accommodativeInformation on these pages contains forward-looking statements that involve risks and uncertainties.
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