Downhill for the US Dollar in 2023 – CIBC DollarIndex Banks Fed
set to undershoot market expectations for the peak fed funds rate, and attention turning to policy tightening in other advanced economies, economists at CIBC Capital Markets look for the USD to weaken in 2023.“We see some modest upside in the USD from potential data surprises that might tilt market pricing for Fed rate hikes at the margin. However, we’d look past that as the upcoming ‘step down’ to 25 bps hikes has been telegraphed by the market for now.
“When layered with a much better backdrop outside of North America, this year is shaping up to be a difficult one for USD bulls.” Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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.
Sacai Men’s Fall 2023 and Women’s Pre-Fall 2023At the Sacai men's show there were some terrific colors and silhouettes that will definitely work eight months from now, if not in 80 years' time.
Read more »
The best speakers for 2023: sets for music, movies, and more | Digital TrendsFrom critical music listening to furniture-shaking hometheater, a great pair of speakers can make all the difference. We found the top picks on the market.
Read more »
The best all-in-one computers for 2023 | Digital TrendsIf you want a desktop PC without messing around with a separate monitor, an all-in-one PC is for you. Here are the best all-in-one computers you can buy.
Read more »
The best smart lamps of 2023 | Digital TrendsLooking for a smart lighting solution for your desk, end table, or night stand? Look no further. We've rounded up our picks for the best smartlamps for 2023.
Read more »
Tim Seeley Brings Darkstalkers' Felicia to Udon April 2023 SolicitsTim Seeley and Tovio Rogers Brings Darkstalkers' Felicia to Udon Entertainment's April 2023 Solicits udon darkstalkers HackinTimSeeley UdonEnt TovioR
Read more »
Houston Rodeo 2023: Hiring fair for part-time positionsThe Houston Rodeo is hiring for part-time positions for the 2023 season.
Read more »