weighted to the upside, the dollar is likely to benefit from any bond market repricing of Fed policy. “We believe the dollar is in the process of carving out a near-term bottom. DXY has seen some support emerge just below 102. If it can establish a good base at current levels until thenarrative shifts again, the Dollar would be well-positioned to first challenge the January high near 105.631.”
“We believe US yields should move higher if and when a more hawkish narrative is established. In turn, this should help the Dollar recover some ground.”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.
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