The US Dollar Index (DXY) weakened in June by 1.4% and whether or to what extent the Dollar weakens further will become clearer in July, economists at MUFG Bank report.
Scope for the USD to strengthen over the second half of the year remains limited
The PCE inflation data at the end of June revealed further deceleration and if the jobs market and CPI data also show weakness, there is scope for the Fed to extend its pause. In that scenario, an end to the Fed’s tightening cycle would be likely which could help propel the Dollar weaker.
Even if the FOMC does hike in July, with the market close to fully priced and with most other G10 central banks priced to hike further, the scope for the Dollar to strengthen over the second half of the year remains limited.
免責事項：本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。
古いコメントはありません。ソファをつかむ最初のものになりましょう。