Dovish bets have been scaled back in the US, but I continue to see mostly downside risks for the dollar and expect EUR/USD to test 1.10 soon. But beware of corrections along the way. FX markets continue to move in line with our baseline view: the lack of clear guidance from the Federal Reserve and hawkish rhetoric in Europe is favouring a weaker dollar amid ...
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Mar 30, 2023, 6:55pm
Fundamental: FX Daily: Hawkish Pushback
Dovish bets have been scaled back in the US, but I continue to see mostly downside risks for the dollar and expect EUR/USD to test 1.10 soon. But beware of corrections along the way. FX markets continue to move in line with our baseline view: the lack of clear guidance from the Federal Reserve and hawkish rhetoric in Europe is favouring a weaker dollar amid ...
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