Apr 1, 2015
Will the USD actually rise after Fed hikes rates? – HSBC
Stacy Williams, Director of Quantitative FX Strategy at HSBC, believes that markets are buying USD based on expectations of a rally if and when the Fed hikes rates, and not on the basis on change in fundamentals, and further comments that this “last hurrah idea is just one of the thorns in the side of the USD.”.
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