aling back of expectations for an even larger 100 basis points hike later this month is the main reason for the USD pullback.“The pullback for the US dollar has been driven by a scaling back of expectations for the“While the scaling back of expectations for a 100 bps Fed hike later this month has taken some of the upward momentum out of the US dollar, we still believe that current market conditions favour a stronger US dollar.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.