- Analytics
- News and Tools
- Market News
- Dovish Fed unlikely to derail the run in US dollar - TDS
Dovish Fed unlikely to derail the run in US dollar - TDS
Mitul Kotecha, Senior Emerging Market Strategist at TD Securities, made upbeat remarks on the US dollar, in light of the recent dovish FOMC.
Dollar unlikely to come under significant pressure.
Data outside of the US still looks pretty weak.
Central banks globally have become increasingly dovish.
Although the Fed is dovish, markets have priced in that sense of dovishness.
Doesn't expect any change in policy in this week's Fed meeting.
Even if Powell sounds more dovish, it isn't going to derail the run in the dollar.
Difficult to short the dollar since it offers the highest carry among G10 currencies.
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
