USD to extend its rally for the rest of the year before pulling back in 2023 – DBS Bank DollarIndex Fed InterestRate Banks
Economists at DBS Bank see the US dollar extending its uptrend into the end of the year before consolidating in 2023.“The Federal Reserve’s continued rate hikes should keep the US dollar strong for the rest of 2022.”
“Expected peak and pause in the Fed hike cycle in 2023 could cool USD, barring financial stress and a hard landing.”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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