US Dollar Index set to fall towards 97.40 by year-end – Westpac DollarIndex Fed Banks
Fiscal unwind, declining real wages and higher interest rates are a threat for US growth
“The USD is close to a peak, with a downtrend likely to set in from July once the FOMC has delivered a further 100bps of federal funds rate increases and quantitative tightening commences.” If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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