- Analytics
- News and Tools
- Market News
- Dollar can stay broadly supported into FOMC – ING
Dollar can stay broadly supported into FOMC – ING
US Dollar clings to modest recovery gains. Economists at ING expect the greenback to remain resilient ahead of the Federal Reserve's (Fed) policy announcements.
Some support going into the Fed meeting
“Our view for tomorrow is that the Fed still has an interest in hanging on to hawkish rhetoric and pushing back against speculation of an early peak and – above all – rate hikes in 2023. The net result for the Dollar may be positive.”
“We think the Dollar can hold on to yesterday’s gains going into the FOMC meeting, and high-beta currencies could remain key underperformers in a risk-off environment.”
“Volatility looks likely to pick up quite markedly during the remainder of the week.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
