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- Risks look skewed to a mildly stronger Dollar today – ING
Risks look skewed to a mildly stronger Dollar today – ING
FX markets are consolidating after a few risk-on days. Economists at ING analyze USD outlook.
Waiting for the Fed pushback
For today, it looks like a relatively quiet session, although the focus will be on how aggressively the line-up of Fed speakers wants to push back against the recent weakening of US financial conditions.
Risks look skewed to a mildly stronger Dollar today.
DXY closing above 105.50 undoes some of last week's bearish work. But from where we stand, it looks like DXY might bounce around in a broad 104.50-106.50 range into year-end.
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