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11 May 2015
USD expected to resume its upside – Rabobank
FXStreet (Edinburgh) - Jane Foley, Senior Currency Strategist at Rabobank, sees the greenback resuming its upside momentum in the near term.
Key Quotes
“We maintain that the sell-off in the greenback is likely to run out of steam”.
“The stronger USD has been a major catalyst in the war against low growth and weak inflationary pressures being waged in various part of the world”.
“If the USD sell off persists, there is risk that several central banks will reassert their dovish positions in order to ensure that relative interest rate differentials remain clearly in favour of the greenback”.
Key Quotes
“We maintain that the sell-off in the greenback is likely to run out of steam”.
“The stronger USD has been a major catalyst in the war against low growth and weak inflationary pressures being waged in various part of the world”.
“If the USD sell off persists, there is risk that several central banks will reassert their dovish positions in order to ensure that relative interest rate differentials remain clearly in favour of the greenback”.