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BULLISH OUTLOOK FOR THE US DOLLAR
Abstract：With inflation risks skewed to the upside, the Fed is likely to continue to front-load interest rate increases in the coming months, even if the aggressive tightening cycle triggers a painful recession. Indeed, policymakers are now less concerned about the rapidly deteriorating growth profile and appear to be prioritizing the price stability portion of their mandate.
BULLISH OUTLOOK FOR THE US DOLLAR
The US dollar, as measured by the DXY index, has had another solid week, aided by increased Treasury yields.
Bond rates rise in response to higher-than-expected inflation in the United States. CPI figures
Stubbornly high inflationary pressures will keep the Fed on pace to raise interest rates further, bolstering the currency.
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The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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Dear forex enthusiasts, are you also troubled by these questions? “In India, can’t find a reliable IB? What should I do?” “With so many brokers, which one offers the lowest spreads and fastest withdrawals?” “Want to connect with local forex enthusiasts but don’t know where to start?” Now, leave these challenges to us! Share your experience and win exciting rewards!
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