Current USD strength is not sustainable – Commerzbank DollarIndex Fed InterestRate Banks
Economists at Commerzbank discuss the USD outlook as market expectations regarding US key rates have moved upwards.“For the first time market and FOMC largely agree in their projections of the future rate path. It was not the FOMC that moved but the market that shifted its rate expectations to the upside. All that is USD-positive.”. But we don’t. Our Fed watchers continue to expect no further rate hikes. And that is why we expect that the current USD strength is not sustainable.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pairs in Focus This Week \u2013 AUD/USD, USD/JPY, GBP/USDGet the Forex Forecast using fundamentals, sentiment, and technical position analyses for major pairs for the week of May 28th, 2022 here.
Read more »
Weekly Forex Forecast \u2013 NASDAQ 100 Index, USD/JPY, NZD/USDThe difference between success and failure in Forex / CFD trading is highly likely to depend mostly upon which assets you choose to trade.
Read more »
GBP/USD recovers from 1.2350 as USD Index drops amid US debt-ceiling raise approvalThe GBP/USD pair has attempted a recovery move after trading sideways below 1.2350 in the Asian session. The strength in Cable has come due to a sheer
Read more »
AUD/USD rebounds from below 0.6530 as USD Index drops post US debt-ceiling raise approvalThe AUD/USD pair has shown a solid recovery from below 0.6530 amid a sheer sell-off in the US Dollar Index (DXY). The Aussie asset is aiming to recapt
Read more »
USD/CHF Price Analysis: Declines firmly as USD Index turns heavily volatileThe USD/CHF pair has dropped sharply after multiple attempts of shifting the auction profile above 0.9045 in the Asian session. The Swiss Franc asset
Read more »
AUD/USD advances to 0.6550 posts a USD Index-inspired volatile action, Australian CPI eyedAUD/USD advances to 0.6550 posts a USD Index-inspired volatile action, Australian CPI eyed – by Sagar_Dua24 AUDUSD RBA Fed Inflation DollarIndex
Read more »