Post
· Views 66
US DOLLAR TO THRIVE AS RATES WILL STAY HIGHER FOR LONGER – RABOBANK Economists at Rabobank see the risks as being titled towards a firmer for longer USD in the coming months.  King Dollar (again)? “In the near-term, the releases of US payrolls and CPI inflation data are likely to be instrumental in guiding the direction of the USD. However, the risks that inflation could prove sticky suggests that the higher for longer interest rate theme could persist for months.” “We maintain our three-month forecast of EUR/USD 1.05 and continue to see risk of a dip to EUR/USD 1.03 on a six-month view.”  “We see risk of Cable moving to 1.16 on a six-month view.” “We are forecasting AUD/USD holding close to 0.66 in the coming months with downside risk to this view.”  

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

avatar

Hot

No comment on record. Start new comment.