A BACK UP IN SHORT-TERM RATES COULD FRUSTRATE DOLLAR BEARS IN THE NEAR TERM

03 Feb 2024, 01:25 · Views 86

The consensus view in 2024 is that the Dollar will decline. Economists at ING agree but with some caveats.

Back up in short-term rates is a Dollar positive

We sympathise with the increasing consensus view that the Dollar will trend lower in 2024. However, we think markets are wrong to price Fed rate cuts as soon as March, and a rebound in short-dated USD yields could give the Dollar breathing room in the near term.

The kind of rangebound trading seen so far in January may be the norm for a bit longer in G10.

면책 조항: 본 게시글에 표현된 견해는 전적으로 작성자의 견해이며 Followme의 공식 입장을 대변하지 않습니다. Followme는 제공된 정보의 정확성, 완전성 또는 신뢰성에 대해 책임을 지지 않으며, 서면으로 명시적으로 언급되지 않는 한 해당 내용을 기반으로 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다.

이 글이 마음에 드시나요? 작성자에게 팁을 보내 감사의 마음을 전하세요.

A BACK UP IN SHORT-TERM RATES COULD FRUSTRATE DOLLAR BEARS IN THE NEAR TERM – ING

Back up in short-term rates is a Dollar positive