Fed: Hard to see a USD-positive result from policy decisions – Commerzbank Fed DollarIndex Banks
“Fed Chair Jay Powell will have to sell to the market why he and his colleagues will be reducing the speed of the rate steps before the promised key rate level has been reached. So far I am unsure how he is going to manage that convincingly. Only if he succeeds, USD will be able to profit.”
“I cannot promise that the FOMC decision will be USD-negative, all I can say is: I lack the imagination for a USD-positive result.”Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions.
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