Note

IT WILL BE A SIDEWAYS BUMPY ROAD FOR THE USD IN THE COMING MONTHS – NORDEA

guntur360
· Views 27



Economists at Nordea analyze how the focus on cuts from central banks could impact the FX market.

When the Fed starts to embark on lower rates, the risk sensitive FX should start to do better against the USD

For FX, the relative rate changes on the way down will start to come into play. 

When the Fed starts to embark on lower rates, the risk sensitive FX should start to do better against the USD. But we still think it will be a sideways bumpy road for the USD in the coming months with largely synchronised rate cuts for major currencies such as the USD, EUR and GBP.

 


Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

If you like, reward to support.
avatar

Hot

No comment on record. Start new comment.

Content related