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FX Viewpoint: Various Landing Scenarios & the USD

FX Viewpoint: Various Landing Scenarios & the USD

Challenging inflation and growth dynamics point to rising policy uncertainty as the global monetary tightening cycle matures. As the data has evolved, so too has the debate over which landing scenario will ultimately come to fruition later this year: “hard landing,” “soft landing,” or “no landing.”
ACY Securities | il y a 595
FX Compass

FX Compass

Last week's US core PCE data surprised us with an upside surprise, prompting me to expect a further increase in US terminal rate expectations and consequently, the strength of the USD.
ACY Securities | il y a 595