Dollar to resume the downtrend if SBVs woes cap Fed rate hikes – SocGen

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Dollar to resume the downtrend if SBVs woes cap Fed rate hikes – SocGen
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Dollar to resume the downtrend if SBVs woes cap Fed rate hikes – SocGen DollarIndex UnitedStates Fed Banks InterestRate

sis proves to be will decide whether it sends the dollar down slowly or up fast, Kit Juckes, Chief Global FX Strategist at Société Générale report.“The reason it matters for FX is clear – if SBVs woes caprate hikes, slow the US economy somewhat but not disastrously and don’t spread globally, the Dollar is set to resume the downtrend that began at the end of September, and which was interrupted by strong data in February.

“If on the other hand, SBV was a canary in the global economy’s mine, the Dollar will be stronger in a few months.” 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.

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