USD Index should see volatility but may still be trading slightly below 102.00 tomorrow morning – ING DollarIndex Fed Banks
There are some upside risks for the US Dollar, but ING’s base case is a USD stabilisation.“While a softer tone than the one in the statement about future tightening is very much possible – and may offset initial US Dollar gains – some more convincing pushback against rate cut speculation could help put a floor under the greenback beyond the post-meeting impact.”Information on these pages contains forward-looking statements that involve risks and uncertainties.
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