- Analytics
- News and Tools
- Market News
- USD normally weakens for a few months after last Fed hike – TDS
USD normally weakens for a few months after last Fed hike – TDS
Economists at TD Securities expect the US Dollar to struggle in the coming months.
Ding, dong the Fed is done
The end of the Fed cycle is normally quite bearish for the USD for the first few months. It normally drops >2% in the first two months.
For the US, disinflation is the main driver and sending the strongest directional H2 cue for the USD: choppy but lower, yet with a few USD baskets in play.
Our out of consensus call that US disinflation is strong enough for the Fed to skip July, effectively ending the cycle, would reinforce lower macro vol, late cycle growth dynamics and boost carry.
© 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
