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20 Jun 2023

Dollar will come lower in the second half, but timing is everything – ING

Economists at ING see the US Dollar trapped between two stories. 

US Dollar is trapped between inverted curves and rallying equities

There has been little follow-through from the US Dollar selling we saw late last week. 

Currently, global markets present a curious picture of steeply inverting yield curves – which occasionally forewarn recession – but bid equity markets. Which market has it right? 

We tend to think the US Dollar will come lower in the second half, but again timing is everything.

 

Jun 20, 2023

USD/CAD: The balance of risk is skewed to the topside from here – Danske Bank

Economists at Danske Bank share their USD/CAD forecast. Relative growth outlook between the US and Canada favours a higher cross We still think the ba
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Jun 20, 2023

USD/CHF Price Analysis: Aims to recapture 0.9000 as Fed Powell’s testimony hogs limelight

The USD/CHF pair is demonstrating back-and-forth action around 0.8980 in the European session. The Swiss Franc asset is looking to recapture the psych
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