USD going forward
Well explained. digestive content from risk experts that unanimously undertaking the below, What about the dollar trend in the upcoming months?
As expected Fed has raised rates by 75bps and have signal for further hikes. shared 2-3 weeks back regarding the rate hike till December, we are expecting rates ending the year at the upperbound of 4% which means another 0.75 bps hike in December. This hikes are to kill demand side as Fed cannot control supply chain side. The current global inflation besides cheap money flowing in the market, it is mainly driven by supply chain crunch which has built up since Covid, coupled with geo politics it has worsen the supply chain issue. We do expect the normalization of supply and demand to revert within 2 years if geo politics could be ironed out between the super powers. In conclusion, expecting more market volitivity in the upcoming months, and the Dollar will continue to trend high.
As expected Fed has raised rates by 75bps and have signal for further hikes. shared 2-3 weeks back regarding the rate hike till December, we are expecting rates ending the year at the upperbound of 4% which means another 0.75 bps hike in December. This hikes are to kill demand side as Fed cannot control supply chain side. The current global inflation besides cheap money flowing in the market, it is mainly driven by supply chain crunch which has built up since Covid, coupled with geo politics it has worsen the supply chain issue. We do expect the normalization of supply and demand to revert within 2 years if geo politics could be ironed out between the super powers. In conclusion, expecting more market volitivity in the upcoming months, and the Dollar will continue to trend high.
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